Net Metering Policy in the Capital City
Want to save upto Rs. 30000 on electric bills?
Solar is the way to go. With rising costs of living, tapping into solar power is essential. With temperatures soaring, cutting down on like air conditioners and inverters doesn’t make sense. Tapping into solar as the surplus energy will not only help on saving the bills but also contribute to the society in a big way.
Once installed, solar panels don’t require any special care. With meters fitted to the ground floor, power inflow and outflow is transparent. The peak time to implement is now, to reduce dependence on carbon-based resources. With the aim to implement solar policies, there are a number of government initiatives promoting net metering.
Implementation of the Net metering policy
Net metering is a special metering and billing mechanism between power utilities and consumers facilitating connection of renewable energy-generating systems. The implementation of solar net metering policy in Delhi is one of the best examples of moving towards solar.
As the capital of India has a history of experimenting, BSES, Delhi reports of commissioning 206 net metering connections in its service area and also working on 50 more connections with the cumulative capacity of 1.5 MW. BSES also claims to be the first utility in the country to install more than 200 net metering connections.
Industrial, commercial,consumers & schools have welcomed the scheme. The installation of almost a third of net metering connections have been implemented by households which indicate the falling price of solar modules. The financial advantages of net metering, along with cheaper loans made available by banks have resonated with the consumers.
The New Delhi Municipal Corporation (NDMC) has also announced the receipt of applications for net metering at around 102 building it its areas making the total rooftop solar power capacity to 5.6 MW.
The Delhi Government plans to install 1 gigawatt (GW) of rooftop solar power capacity in the capital within the span of 4 to 5 years, and achieve the target of 2 GW of solar power capacity installed by 2025.
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