The generations. One such method is Solar energy. Solar

The
emergence of renewable technologies is a boon for the future of our planet.
Though, the damage done by burning of fossil fuels can’t be reversed, it is
however possible, to alter and reduce further impact of green house gases on
our environment by adopting green technologies. Several experts cite, that
humanity has breached the point of return on climate change. However there is
hope that by curtailing our dependence on fossils we can ensure a liveable
future for the coming generations. One such method is Solar energy.

Solar
energy is an increasingly important part of our nation’s current energy mix and
will play a vital role in our clean energy future. Today there are a number of
ways through which we can obtain solar energy, including the large-scale utility
projects, residential rooftop solar panels, and policies designed to utilize
more green power. Large-scale utility solar projects amount to approximately 60
percent of the country’s total installed solar capacity—and this capacity is
expected to triple by the end of 2020. These projects offer the most
cost-effective way to increase the use of solar that benefits all electricity
customers.  Just as the number of utility
solar project grows, there is also growing interest in using rooftop solar
panels and other small-scale, on-site power sources known as distributed
generation (DG). To encourage the introduction of these systems, many states
have approved a billing system called net
metering. While net metering policies vary by state, customers with rooftop
solar or other DG systems usually are credited at the full retail electric rate
for any excess electricity they generate and sell to their local electric
utility via the electric grid.

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Net Metering is a billing mechanism
for grid connected Home Rooftop Solar Installation where

The electricity generated by the solar panels is fed
into the utility grid.
Household draws electricity from the utility grid.

The
household pays only for the difference between the energy units it consumes
from the grid and the energy units fed into the grid. Hence, it is a bi-directional
meter. In the case of household generating net excess power during a month or a
particular billing period, it earns credit for the excess electricity fed to
the grid. This credit is carried forward to the next billing period when the
credit is deducted from the total power bill of the consumer. This reduces
power bill of the household significantly as it only has to pay for the net electricity
it consumes from the utility grid.
Through
the credit or payment they receive, net-metered users effectively avoid paying
these costs for the grid.

Net
Metering helps households using Solar Rooftop Installation get reliable power
from Solar energy which fluctuates from day to night and summer to winter. But
it also brings a basket of other benefits to households using them and the
society.

 

Reducing Our
Bills:

Our
electric bills are based on the electric utility’s cost of providing electric
service. This includes the cost of the fuels used to generate electricity and
the cost to transport and deliver the electricity to the customer. Costs also
include the maintenance of the grid, as well as utility programs for low-income
assistance, energy efficiency, environmental improvements, and other public
benefits. In general, every electric consumer has an electric meter that
records the amount of power delivered by their electric utility. As electricity
is used, the meter spins forward, much like a car’s odometer records miles
travelled. In the case of an electric meter, the meter records energy use in
kilowatt-hours (kWh). Net-metered users generally are credited for the electricity
they sell to the grid, with their electric meter essentially spinning backwards
to provide a credit against the electricity that these customers must buy from
their electric utility at night or during other periods when their electricity
use exceeds their system’s output. Consumers are only billed for their “net”
energy use, which means that when rooftop solar or other DG users generate
electricity, they avoid paying for the utility’s power, which is fair because
they did not use it. But, they also avoid paying for all of the fixed costs of
the grid that delivers power when they need it and/or takes the excess power
they sell back to the utility.

With
net metered Solar Rooftop Installation, we only pay for the deficit power
consumed i.e. the difference between the power consumed by our household from
the grid and the solar power generated from the panels. This drastically
reduces  electricity bill and we save a
huge chunk of our hard-earned money.

Low Maintenance :

 

With net metering, we have now eliminated the
batteries and the backup generator – the two components of a solar power system
that require maintenance and have the shortest lifetimes. The only
components we need for a grid-tied net metering system is the solar panels,
which produces the power, and an inverter that converts the DC power from the
solar panels to the standard AC power produced by the utility.  Neither of
these components requires maintenance.  The solar panels, which have a few
year warranty, are made from a semiconductor material and usually protected by
a tempered glass front.  The inverters, some of which also have 25 year
warranties, are solid state and also maintenance free. Thus, it saves our time as well as
money.

Better Energy Utilisation :

Power
generated from utilities travel quite a distance to reach our home. That incurs
significant transmission and distribution losses and wastage of electricity
generated from burning fossil fuels. T losses in Solar Rooftop
Installation are almost nil as energy is generated and consumed at the same
location. This not only reduces energy congestion and make overall energy
infrastructure more efficient but also benefit residents with improved grid
voltage.

Need Less
Resources :

Since
Net Metered Home Rooftop Solar Installation is installed on the roofs of
residential houses and commercial buildings, they do not require large tracts
of land like their solar park cousins. Land is scarce and increasingly
expensive. With net metered residential rooftop solar plants, these resources are
saved for other productive purposes like agriculture.

India
being a fast-developing country  which
receives about 300 clear and sunny days in 
365 days has quadrupled its solar-energy generation capacity in past few
years. The solar energy available in a single year exceeds the possible energy
output of all of the fossil fuel energy reserves. Thus, net metering is crucial
for our country in order to achieve energy security by 2022. In the coming
future, solar rooftops will be an advisory by the government. Many state
governments are also providing subsidy on solar solutions which is a moral
boost for a consumer relying on net-metering to save money on the electricity
bills. Net- metering can help India achieve energy security through generation
at point of consumption (distributed generation). Besides helping consumers to
reduce their burgeoning electricity bills, it can play an instrumental role in
stabilising national, regional and state grids. It can also help discoms tide
over their financial losses through consumer default risk mitigation. It also
has the potential to minimise AT and C losses and reduce per capita energy
footprint. “So, net-metering system has a huge horizon in the upcoming era of
renewable energy.

 

–         
Nidhi Chandna

–         
+91-9050858244