What is net metering in solar energy in India?

Net metering refers to a mechanism whereby solar energy exported to the grid from grid-tied rooftop solar PV system of a prosumer is deducted from the energy imported from the grid in units (kilowatt-hours) to arrive at the net imported / exported energy.

Does India have net metering?

Net metering, one of the vital policy drivers for rooftop solar adoption, has witnessed a series of revisions in India in the past few months. Net metering for rooftop solar systems was capped at 1 MW until the government proposed to drastically cut it to 10 kW in December 2020.

Is net metering a good idea?

The greatest benefit of net metering to solar homeowners are the utility bill savings. Net metering can result in tens of thousands of dollars in savings over the lifetime of your solar panel system.

What are the benefits of using Net energy Metering?

Here are some of the benefits that you could enjoy from NEM:

• Helps to hedge against fluctuation or increase in electricity tariff.
• Reduces electricity bills.
• Encourages customers to move towards renewable energy.
• Benefit for the environment.
• Take some pressure off electric grids.
• Preserves natural energy resources.

Why is net metering important?

Net metering allows utility customers to generate their own electricity cleanly and efficiently. During the day, most solar customers produce more electricity than they consume; net metering allows them to export that power to the grid and reduce their future electric bills.

Why is net metering needed?

The process of net metering provides system owners with the opportunity to gain extra revenue by selling their excess power to the grid while also making up for shortfalls via the grid. If the amount of energy generated is more than the amount of energy consumed, then the owner gets compensated for the excess amount.

What is net metering in solar system?

What is Net Metering? Net Metering is a system that gives solar energy owners credits for the power that they add to the grid. When solar panels produce excess power, that power is sent to the grid. When a unit of solar energy that has been ‘net metered’, the bi-directional electricity meter will run backwards.

What meter is mandatory in on grid solar power plant?

Meters used in Net metering: Some states may require only one meter that reads the ‘net’ energy consumed by the system owner. However, few other states may require two meters – one to measure solar energy generation and the second to measure the units consumed from the utility grid.

Is net metering the key to solar adoption in India?

Net metering, one of the vital policy drivers for rooftop solar adoption, has witnessed a series of revisions in India in the past few months. Net metering for rooftop solar systems was capped at 1 MW until the government proposed to drastically cut it to 10 kW in December 2020.

What is net metering and how does it work in India?

In India, net metering was introduced as an initiative to make renewable energy more economical and accessible with the regulations differing on a state to state basis. In net metering, the owner is billed for the “net” energy that is used, which is the difference between total energy produced by the system and total energy consumed.

How does net metering work in solar power?

The solar power systems are connected to the utility grid via the customers’ main service panel and meter and, when generating more power than is needed at the site, return excess electricity to the grid through the power meter, reversing the meter from its usual direction. Thus, a bi-directional meter is needed to avail net metering.

What are the different types of metering systems in solar?

In a solar powered system, usually following two types metering systems are involved: In gross metering, entire energy generated by the solar PV system is fed back directly into the utility grid. In this case, the owner gets incentives based on feed-in tariffs proportional to the energy fed back to the grid.