No doubt, Sun is the ultimate source of energy on Earth. By installing solar panels at your idle rooftop, you can not only save your monthly electricity expenses but can also earn a good amount. As solar panels are getting cheaper day by day and looking at huge benefits and scope of solar power, the government is also stressing on more development of solar technology, its implementation and execution on a mission scale – to meet its ambitious target of generating more than 40 GW of power from solar rooftop projects. Let’s discuss how

Save and Earn by installing solar panels at your idle rooftop.

No doubt, Sun is the ultimate source of energy on Earth. By installing solar panels at your idle rooftop, you can not only save your monthly electricity expenses but can also earn a good amount. As solar panels are getting cheaper day by day and looking at huge benefits and scope of solar power, the government is also stressing on more development of solar technology, its implementation and execution on a mission scale – to meet its ambitious target of generating more than 40 GW of power from solar rooftop projects. Let’s discuss how

Analyze your rooftop’s solar potential: Before choosing any available solar option, you have to first analyse for an approximate amount of saving that you can achieve from your rooftop. Many stakeholders have developed solar calculators for providing an overview. You can calculate your saving at click here and consult any service provider for installation of solar power system.

Solar power system can be broadly categorized into two system

• On Grid/ Grid Tied
• OFF Grid or Grid alone system

In On Grid or Grid tied system, solar power system is connected to local main electricity grid. During optimum production of solar electricity, your load can run on solar power. In case of any deficit, electricity will be drawn off from local electricity grid. In case of excess solar electricity production, it can be either stored in batteries or can be provided to local electric feed while OFF Grid or Grid alone system are favorable in case of the unavailability of any grid feed.

The energy difference can be measured from any of the two type of meter system

• Gross Metering: In this, entire energy generated from solar power system is feed to the utility grid and amount is measured. On basis of amount proportionate feed-incentives can be taken.
• Net Metering: In this, the energy difference of energy drawn off and feed in to local grid is taken in account. In case of excessive feeding, monetary benefits can be achieved.

For availing more benefits, residential consumer should choose net metering system.

GROSS METERING AND NET METERING SYSTEM AND POLICIES IN UTTAR PRADESH

Uttar Pradesh Electricity Regulatory Commission (UPERC) has recently issued a new draft governing the net metering of surplus generated by rooftop solar in Uttar Pradesh that governs all related rules and regulations for rooftop solar panel installation. Similarly, other state electricity boards have also published their regulations.

The draft mandates the capacity of grid-connected rooftop system not to exceed 2MWh and not less than 1KWh.

In the case, customer chooses option of gross metering, the entire generated power generated from rooftop solar system to the grid at interconnected points while in case of net metering, only the surplus will be feed.

The draft also consist of a provision of mutual sale and purchase of electricity through peer-to-peer transaction in a secured and reliable way with proper accounting and tracking record using Block chain technology.

For knowing more, click here.

Take a smart decision by installing solar panels along with all its power generation assembly with a net metering system to save and earn.

Advantages of NET Metering

1. Financial Benefits: If you have a larger rooftop space, installing solar panels can generate an excess amount of energy than what you require for running your home appliances. Using NET metering, you can feed local electricity grid with excess solar energy. If your net feeding is more than drawing, yow will be paid off. Also, taking benefits of subsidies, one can reduce capital investment cost.

2. Non-requirement of Solar batteries: Net metering system doesn’t essentially require solar batteries to store excess electricity as you have a direct way to transfer it. Here, local electricity grid works as batteries. It reduces capital investment as well as maintenance cost and enhances the rate of reaching breakdown.

3. A day’s excess can be utilized the next day: In winder or rainy seasons or during morning, evening or night, when solar panels can’t grasp much sunlight, the total power generation is low, say 60 units, but your power consumption is 80 units that mean you have drawn off 20 units from the grid. While the next day, if the sky is clean or during day time, your power generation is 100 units, here 20 units will be transferred to the grid. This finally equalizes your in-out algorithms.

Summing up all, it’s a smart decision to earn with electricity generation by opting for rooftop solar system. Simply solar panels are good for pockets.

How to apply for NET Metering?

• Interested consumer after checking eligibility criteria can make an online or offline application to the DISCOM by submitting chargeable fees for installing On-Grid/ Grid-tied PV Solar power systems.
• Within a time frame of 30 days, DISCOM will analyze the feasibility of connecting the rooftop solar system to the grid and update the status of the application.
• In the case of requirement of any additional document or any deficiency, DISCOM shall also inform the applicant within the prescribed time frame.
• If everything goes well, DICOM will provide the receipt of approval. After that consumer can apply for registration by filling the form.
• If there is no problem with the registration form, DISCOM will register consumer under the scheme and assign a registration number within a time frame of 15 days.
• Within the next 30 days, DISCOM will execute the interconnection.

There are various solar products and service providers in the market where you can purchase the required equipment and install it. Before making the decision, be sure about company policies and guidelines. Always purchase from the trusted and verified service providers and also visit Bijlibachao for more elaborative information.

Green4lifeenrgy provides various schemes and offers for residential roof top solar system including no cost EMI and Opex model. Contact us to know more +1800 1205 55830 (toll free)