Power Ministry says examining revision of 10 kW net metering cap

at 8:59 pm
net metering cap

New Delhi (NVI): The Ministry of Power has said that it is ready to examine representations made by the solar industry seeking revision of consumer rules to allow net metering for all solar rooftops projects.

In a tweet, the Ministry of Power said that it received representations on the issue, “which are being examined and based on this a call will be taken for balancing the interest of all stakeholders.”

“Discoms financial health is very important for sustainability of the entire value chain of power sector, i.e. transmission, trading, generation and coal companies, the electrical equipment suppliers,” read the clarification tweeted by the ministry.

Based on the comments from consumers, industry and discoms, a balance view was taken and the net metering cap was

increased to 10kW against 5kW proposed earlier, the ministry said, adding that consultations were held with stakeholders prior to finalising the rules.

Pertinent to mention here that to generate solar power by installing solar panels on the rooftop of houses, Ministry of New and Renewable Energy (MNRE) is implementing Grid-connected Rooftop Solar Scheme (Phase-II), under which it will provide 40 per cent subsidy for the first 3 kW and 20 per cent subsidy beyond 3 kW and upto 10 kW.

The scheme is being implemented in the states by local Electricity Distribution Companies (DISCOMs), according to a statement released by MNRE.

-ARK