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

Post a Comment

Popular posts from this blog

Is India on Right Track to Become a Leader in Clean Energy Transformation?

India is an abode to one of the largest clean and green energy expansion programs. The nation has constantly proved its intention to clean energy transition through several goals it has set. Union Minister of Power and New and Renewable Energy, R K Singh stated that India is on the right track to become a world leader in the energy transition. The pledge of the government of India to meet the goal of net-zero emissions by 2070 at the COP26 in Glasgow has made a start. Solar Tele Communication Tower The Indian government has set a goal to meet 50% of India's power needs from renewable energy sources by 2030. India’s telecom sector that relies on diesel generators for power supply to the towers are nowadays going with solar Telecommunication tower installation that use environmental-friendly solar energy and reduce dependence on the utility grid. Solar Tele communication tower doesn’t pollute the environment and saves the operational cost of diesel generators. Just like the Tele...
Post a Comment
Read more

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...
Post a Comment
Read more

10 Potential Benefits of Rooftop Solar Systems

Solar rooftop panels set up on the roofs of commercial, residential, institutional, or industrial buildings harness the light emitted by the sun and convert it into cost-effective and clean energy. The adoption of this eco-friendly form of energy makes mother earth a safe and healthy place to live. Let’s jump ahead over some of the major benefits of the rapid spread of rooftop solar panels. 1.        Environmental impacts Solar rooftop systems are a cleaner source of energy because they only need sunlight to generate electricity. No pollutants and harmful gases are emitted during energy production. Hence, there is no risk of any health hazards. With widespread usage, such systems can reduce carbon footprint and global warming. 2.        Multiple applications The leading rooftop solar system providers in Delhi NCR are providing a wide variety of systems that can be used for numerous applications. For example, run househ...
Post a Comment
Read more