what is solar net metering
With solar panels on rooftops in demand, it is now much cheaper and easier to install solar panels. And with the net metering system, it is much easier to save on electricity bills and generate more electricity.
Net metering is an electric billing mechanism that allows you to use the power grid to store surplus energy generated by your solar panel. It is a utility billing technique available in most regions that provides credit to residential and commercial customers that generate surplus power with their solar panel systems and transmit it back to the grid. This helps customers to be billed for their net energy usage.
The process of net metering is not simple to understand, but Sanelite Solar is here to help you understand the fundamentals of the process.
Net Metering: How it works
Once you install a rooftop solar system, it may produce more electricity than required or what you might consume in a day. There might be a scenario where you might spend most of the day at work and no one else is in the house to operate or consume any sort of electrical energy. The solar panels therefore will generate an excess of electricity.
Without the solar net metering system, the excess electricity generated will be sent back to the grid and you will not get any credit for the excess energy generated.
With the net metering system, the metering device keeps track of the electricity generated in excess. Once the meter detects excess electricity generation, the meter starts to run backward while sending the excess electricity to the grid connection.
The energy sent back to the grid can be used at night or when you need it. At the end of the month or year, you pay the difference between what you put on the grid and what you take off the grid, henceforth known as net metering.
The meter works in both directions. It measures the power or energy purchased and energy returned to the grid.
In simpler words, because your net metering credits will balance out your future grid consumption, you won't have to pay for all of the power you consume from the grid, which is why net metering is so beneficial.
Policy of Solar Net Metering in India
Each state may have different restrictions regarding the type of net meter that can be used to record electricity. Usually, only one meter is necessary to calculate the net amount of power used by the owner. But in some states, two meters are required to record the total number of grid units utilized by the owner as well as the total amount of electricity generated by the owner.
The government has also approved net metering for rooftop solar systems with capacities of up to 500 kW. The Ministry of Power has amended the Electricity (Consumer Rights) Rules to include net metering for rooftop solar installations. The amendment also states that DISCOM may install a solar energy meter to track the gross solar energy generated from the grid for renewable energy purchase obligation (RPO) credit in either scenario of net metering or gross metering.
Benefits of solar net meteringSolar Net Metering has many benefits starting with saving on electricity bills for homeowners.
Easy and low maintenance : Because solar panels require little maintenance, the major components of a PV system that require attention are the battery and generator. However, by using net metering, you may eliminate these components and reduce maintenance even more.
Customers get control over their electricity bills :Net metering allows users to create clean, efficient power. Most solar users create more than they can consume during daylight hours; this surplus is transferred to the grid, lowering power prices.
A Greener Planet : The need for power produced using conventional techniques will decline when solar energy installations are connected to the state's distribution network, protecting the environment.
Additional financial credit : The owner will earn additional credits and income if the quantity of energy produced by the system is greater than the amount of energy used.
Across the nation, there are several talks about how to improve the present condition of energy creation. The conventional method is proving to be harmful to the future. With the help of renewable sources of energy, especially solar energy, the future looks more sustainable.
Installing Solar panels already saves you hundreds and thousands of bucks and with the solar metering system, you can now get credits for energy generation and help the environment with the betterment process.
There are several policies and subsidies provided by the government for energy production. Whether it be a small residential house to a big firm that requires continuous usage of electricity, the solar-powered system helps you save financially and in return get the credits for energy generation.
Sanelite Solar helps you with the process of understanding the process and apply accordingly for a rooftop solar installation.
Contact Sanelite Solar now to get a Solar Panel installed with Net Metering System to save hundreds and thousands.