Skip to main content

What is Solar Net Metering in India and Its Advantages?

 


When it comes to residential or commercial rooftop solar panel installation, there are several things that a consumer must take into consideration. Net metering is one of those important concepts as it can benefit both solar energy users and the grid.

In this post, you’ll dive deep into the solar net metering concept in India and associated things.   

What is Solar Net Metering and its Working?

Solar Net Metering, NEM, or net energy metering is a utility/electricity billing mechanism that allows residential and commercial users to get credits for the unit of electricity they send back to the main grid.

In simple terms, when solar panels generate electricity more than required, the user can send the surplus electricity back to the grid. This helps solar energy consumers pay just for the net power used, thereby enjoying a good cost saving through solar power.

Now that you know what net metering policy is, let’s learn about how it works.

Solar panels work more efficiently during the day when they absorb enough sunlight directly without any obstacles or shading. This allows rooftop solar panels to produce a lot of electricity which can either be stored in expensive solar batteries or go useless.

With the solar net metering policy, the excess solar energy generated through solar panels can be sent to the grid in exchange for credit. Your electricity company will pay for the units of power you export to the grid. You will be compensated through the implementation of power credits to your utility bill for each kWh of solar electricity you transfer to the grid.

You can use your net metering credits to get energy back when your solar panel is not producing enough electricity. This way, you can get the complete economic value of the entire solar electricity generated by your solar panels.

How Could You Benefit with Net Metering Policy?

Net metering can offer you several monetary benefits and other advantages. That’s why most solar energy users consider the net metering billing mechanism before investing in solar energy.

1.       The major benefit of net metering is the reduction in electricity bills. It can save a large amount of money over your solar energy system lifespan or possibly reduce all the electricity costs in billing except for certain fixed charges.

2.       Net metering prevents the need for expensive solar battery storage by using a grid as a virtual solar battery. With net metering, all extra produced energy can be sent to the grid and get in return whenever required.

3.       The solar net metering concept reduces rooftop solar system maintenance and replacement costs largely rather than using a non-grid system.

4.       Communities providing complete retail net metering have comparatively shorter payback periods. It will save electricity bills, enabling users to recoup investment costs promptly.

Conclusion

A net metering policy helps solar energy users in getting the most out of their solar investment. To know the cost and process of application and installation of net metering in India, contact your chosen installation company.                  

Comments

Popular posts from this blog

Is it easy to get solar panels repaired and replaced?

Solar panel installation is the new normal and homeowners prefer installing it for cost saving through solar power . Moreover, it is very feasible to get installed as per your power requirements and consumption. However, the important factor to consider is to know when to get your installed solar panels repaired. As many homeowners do not know when to get it done, leading to inefficient power generation and reduced capacity of solar panels.  Therefore, it becomes important to know the factors that impact the durability and efficiency of solar panels. These factors may adversely impact power generation through solar panels. The blog contains relevant details, let’s take a look. Factors Impacting Solar Panels Lifespan- Multiple factors impact the overall functionality of solar panels. Therefore, homeowners should understand when to ensure the repairing and replacement of solar system . Let’s take a look- 1. Manufacturing Quality One of the important factors that impact the functional...

Thinking of Investing in Solar Power? Here’s Your Guide

  Are you planning to invest in rooftop solar panel installation in your home? Can’t understand how to make this process convenient and hassle-free? Learn the essential steps in this guide.   Assess Your Electricity Bill Determine the average of last year’s electricity bill to check the electricity consumption of your property. Based on the monthly usage in kWh, you’ll come to know the size and number of solar panels you will require. Understand Your Home’s Solar Suitability Be sure your home is right for solar installation based on different factors like location, shady things, roof conditions, weather conditions, and average sunlight hours. Choose the Right Solar System and Installer Selecting the right solar system is pivotal for optimal solar power production. Choose a model that has improved energy efficiency, warranty, and ratings. Hire the best rooftop solar system installers in Delhi NCR who offer a customized and comprehensive range of services with all-t...

Solar Panels Expectations vs. Reality

  Even if solar energy is in greater demand, some people still need to be convinced about its advantages. They most likely require clarification or are in a bubble that keeps them from realizing solar energy's potential value and benefits. There are several distinct solar panel installation techniques. For example, Solar Rooftop Installation and On-ground solar installation . If you're one of these people, don't worry about who is confused about solar system panels. We collected some people's estimates about solar energy and the supporting data. Do read to get a proper understanding of the solar system.   Weather   Expectations   A solar energy system is advantageous for those who live in sunny climates since their solar panels can produce adequate power when exposed to enough sunshine. However, the system has less influence in gloomy or overcast conditions than in a bright place.   Reality   Solar panels may successfully produce electricity duri...