Net Metering for Solar Panels in India Explained

Are you looking to install solar energy systems in your home? You need to be familiar with the net metering system used in the country. These are quite important policies that involve outlining the agreement about how customers are billed for power. Knowing about net metering in India is essential before installing the solar power system in the home. Solar power systems especially work alongside the electricity grid, so it is essential to check on Net Metering. These are quite different from battery-based systems, so it is difficult to store the energy in these types of solar plants. You also get a better option for exporting the excess energy in the grid to get compensation. Monthly billing systems are based on the metering systems.

Types of Solar Metering in India

The metering system in India involves two types: the Net Metering system and the Gross Metering system. Net Metering is also involved with net billing, along with many others.

• Gross Metering: The gross metering system does not allow the consumer to use energy production directly from the solar panels. Produced power would be exported to the utility grid even at a fixed rate. Consumers would easily draw the required electricity from the grid to ensure the energy is loaded at the usual electricity rate. The value of exported solar energy is not deduced in the bill. For example, when the consumer draws 15kW of the power from grid then the billing will be processed accordingly. Minimum solar power capacity for availing the gross metering will be 10kW.
• Net Metering: A net metering system involves metering along with billing mechanisms, which are designed to monitor the flow of power. These are set between the solar energy systems along the government grid. The net metering for solar panels is an important aspect designed especially for privately owned grid-tied solar energy systems. The net metering solar arrangement also allows the sending of unused surplus power into the grid. There is no grid wasted in the process, so these prove to be completely economical alternatives for the off-grid solar system aspects. Net metering concept is involved with high rewarding attributes for the solar owners.

Benefits Of Net Metering System

Net Metering Systems are the better option for easily increasing the monetary advantages of solar energy. The electric meter in the solar panels also eliminates the requirement for buying expensive solar batteries to improve power storage. Some of the amazing benefits of using net metering in India are

• Reduced Cost Of Solar Systems: Many solar system owners are choosing the solar meter connection. These are significant options for putting in extra solar electricity for good usage. It would be helpful in preventing the need to invest in costly solar batteries. These are also suitable for storing surplus solar energy. It is also convenient to pay the utility company a nominal fee to install the bidirectional solar meter.
• Financial Rewards: The Net Metering system in the solar energy panel would be easily amplifying the savings on monthly utility bills. Solar credits would easily become a passive income source for homeowners. These also allow for the easy purchase of grid electricity to get solar power savings. You would also easily gain financial rewards for the complete lifespan of installing the rooftop solar system.
• Eco Friendly: The net metering system is a better way to promote incredible environmental benefits. Solar energy also provides a better reduction in Greenhouse gas emissions. These also automatically reduce air pollution, which displaces solar power from electricity generated across conventional sources. These are also suitable for transferring excess solar power into the grid through net metering. Consumers could also lower the burden of meeting energy demand for natural resources.
• Saving Grid Energy: The net Metering system is also beneficial for the grid systems to an extent. Many consumers could also easily adopt distributed solar power systems, which reduce dependency on the grid. Grid also becomes completely reliable to meet complete energy needs of customers.  You need to learn how net metering works before installing the net metering system. The main problems of transmission losses would be massively reduced.
• Low Maintenance Cost: The net metering systems will have reduced maintenance and replacement costs when compared to solar batteries. These are completely cost effective options suitable for easily saving your money.

In the modern day, many people have been adopting net metering over alternative energy sources such as wind. These allow them to receive energy credit for extensively transferring the excess solar electricity into the grid. Homeowners also use credits to purchase electricity if the energy demand exceeds the panels.