On Grid System Tied Net Metering Solutions
On Grid System It’s all about reversing your Electricity meter “Legally” to reduce your electricity bill or to make it “Zero”. A small solar power plant will be connected to the state grid through the same power cable and electricity meter that you take electricity to your residence/industry / commercial installations.
Net Metering
The customer generates electricity using solar panels fixed on their rooftops which are connected to the grid through a net metering system. The consumer has to pay only for the net amount of electricity that was consumed. If the solar electricity production exceeds the electricity consumption of the premises, the consumer will be get paid according to PPA tariff from the concerned Distribution Supply Company (DISCOM). Existing net metering customers can switch to other schemes if they wish to. However, the accumulated electricity units prior to the signing of new agreement shall not be carried forward.
