Industrial Net Metering Service in MIDC Areas Maharashtra
Wiki Article
India’s largest coal producer, Coal India Limited, has
approved the incorporation of a joint venture company with UP Rajya Vidyut
Utpadan Nigam Limited to develop renewable energy projects in Uttar
Pradesh, marking a another step in the PSU’s clean energy diversification. The
Solar Energy Corporation of India (SECI) has concluded the reverse auction for
its 1,200 MW ISTS-connected wind power tender under Tranche XIX, discovering
tariffs in a narrow range of INR 3.67 to INR 3.69 per kWh.
As solar adoption rises across the world, one key factor
that has made it more consumer-friendly is net metering.
What is Net Metering?
Net metering is a billing arrangement that allows consumers
with rooftop
solar panels to send the excess electricity they generate back to
the grid. In return, they receive credits that offset the electricity they draw
from the grid at night or during low-sunlight hours.
Key Features of Net Metering
- Credits
for surplus electricity exported to the grid - Reduced
energy bills for consumers - Seamless
grid integration of renewable power - Encouragement
for self-consumption and sustainability
Info Source: https://www.renovapulseenergy.com/post/how-to-apply-for-net-metering-in-maharashtra
How Net Metering Improves the Affordability of Solar
Power
1. Lowering Monthly Electricity Bills
By exporting unused power to the grid, consumers earn
credits that reduce their monthly bills. Over time, this creates significant
savings, making solar an economically viable option for households and
businesses.
2. Shorter Payback Periods
Net metering reduces the payback period of solar
investments. Instead of waiting 8-10 years, consumers can recover costs faster,
boosting confidence in solar adoption.
3. Encouraging Financing Options
Banks and financial institutions are more than willing to
finance solar projects where net metering policies exist, as
guaranteed bill savings strengthen repayment ability.
4. Enhancing Energy Accessibility for Households
In cities, space constraints often mean rooftop solar may
not meet 100% of household demand. Net metering allows families to maximize
benefits by balancing consumption with grid supply.
- Helping
Rural and Semi-Urban Areas
For semi-urban and rural regions, where power cuts are
common, net metering allows communities to generate solar energy while still
relying on the grid as backup.
- Promoting
Inclusive Participation
Whether small homeowners or large industries, net
metering installation ensures everyone can participate in renewable
energy generation, creating a level playing field in the clean energy
transition.
Read more: 2KW
On-Grid Solar System Price in India with Government Subsidy
Future of Net Metering
Future of net metering: It is believed that net metering
will play a significant role in encouraging the use of renewable energy
sources, such as solar power. Maximizing the advantages of net metering and
accomplishing more general solar energy objectives require addressing the
issues of grid reliability and policy variances.
Net Metering Policy in Maharashtra (2025 Update)
The Maharashtra Electricity Regulatory Commission
(MERC) allows net metering for homes and businesses.
- Consumers
can install solar PV systems on rooftops - They
can send extra power to the grid - Credit
will show in the next electricity bill
Eligibility:
- The
system must be connected to Maharashtra State Electricity
Distribution Company Limited (MSEDCL) - Rooftop solar
system should be MNRE-approved - System
size up to 1 MW
About us:
ReNova Pulse Energy is India’s next-generation
solar energy company in mumbai, committed to delivering sustainable, reliable,
and affordable solar solutions across the nation to every corner of India
especially rural communities especially to rural communities.
Go solar with us and enjoy the benefits of government subsidies and hassle-free
installation!
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Vikhroli West, Mumbai, 400079
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