Net Metering in Pakistan
Everyone wants to get maximum benefits out of their solar panels and pay very little or no electricity bill, right? But the question is how is this possible?
Well, one of the easiest way to achieve this is by adding net metering to your existing solar system. KAZ Solar is an expert at it by providing high quality and yet affordable net metering rates in Pakistan.
so, you wonder how does the system work and provide benefit to its customers?
The process is quite straightforward. In most of the cases, solar panels produce more electricity than you required usage? So where does the extra produced electricity go? now if you have the net metering in place, the extra generated energy is automatically sent back to the grid.
What does user get in return?
You earn credits against every unit to sell to the NEPRA. And when your solar panels aren’t producing energy at night or during the rain or winter days, you can use those credits to cover your electricity needs. Please note that the electricity you sell back to the grid and the electricity you use at night or whenever your energy needs exceed the limit of your solar production both have different rates, which depend on the region’s own electricity rules and regulations. Considering how high electricity prices are in Pakistan, adding net metering is a super convenient solution to tackle those hefty billing issues.
How Net Metering Works in Pakistan
The net metering in Pakistan is available for only grid tied system: on grid or hybrid, because the requirement to install net meter is you must be connected to the main grid in order to get the benefit of net metering.
Here’s how it works
The power company installs a special meter called a net meter or green meter at your place, and this meter can measure both the electricity you use and the extra electricity your panels send back to the grid.
Although, the electricity provider company, in most cases, only install the single meter, but they can also install two separate meters. but usually, it’s just one that checks both the import and export of electricity.
You might be confused, why two different meters as mentioned earlier, this is an exceptional when the electricity company installs two separate meters. And here is why they will install two different meters. one to keep track of the electricity you buy from the power company, and the other one monitors the electricity your panels send back.
Compensation Methods
Net Billing
In most cases, the power company will use this method to compensate the user. This process works just like your monthly electricity bill; at the end of each billing cycle, your electricity meter readings are compared. And you are only charged for the net difference between the electricity you consumed from the grid and the surplus you fed back.
Feed-In Tariff
In most cases, you will receive a fixed rate per unit of electricity exported to the grid.
Alpha Solar Net Metering Process
Net metering is an incredible device that lets you share surplus energy with the power grid. Here’s how it works: when your solar panels produce more electricity than you require during the day, the excess power is sent back to the grid. Then, during nighttime when your solar panels aren’t generating electricity, you can draw energy from the grid using the credits earned from your exported energy, effectively reducing your costs. With a properly installed system, you can generate sufficient solar energy to meet all of your electricity needs throughout the year, eliminating the need to pay electricity bills. It’s a fantastic way to both save money and contribute to a greener future.
Installation of Solar System
The first and foremost way to access Net Metering services is to install a solar system on your property. This will allow you to generate solar energy and participate in the Met Metering program.
Preparation of Application
The real journey starts here, at this stage the all the steps are covered that are necessary for the net metering applications. And to facilitate an easier and hassle-free process to our clients, KAZ Solar provides comprehensive assistance to its valued clients at every stage of application preparation.
Inspection and NOC Issuance
As soon the application is prepared and approved, it is sent to the Punjab Energy Department for the inspection and issuance of the No Objection Certificate (NOC) in accordance with SRO 892 (1) / 2015. The body ensure that all the required protocols that adherence to the necessary regulations and standards are being met.
Signing of Agreement
Once the NOC is issued by the Punjab Energy departments, the next step involves the agreement where a three-year agreement is signed between the consumer and LESCO/GEPCO, or your regional power company. Under this agreement permits, user is allowed to export the excess energy generated by your solar system to the national grid.
Allotment of Generation License
At 2nd last stage, now the signed agreement is submitted to NEPRA (National Electric Power Regulatory Authority) for verification. After the verification process, the NEPRA grants user the generation license. This license designates you as an independent power producer for three years.
Activation of Net Metering
Once you have successfully obtained the generation license, your Net Metering will be activated, giving you the opportunity to save money while also earning from your solar system.
Benefits of installing Net Metering in Pakistan
Less Cost, Most Benefits
The initial cost might seem a bit high to some of the users, but the benefits it can bring for you for decades makes it a pretty smart investment. For their valuable clients, KAZ Solar, a company with years of experience and certified by AEDB in Pakistan, offers reasonable net metering rates in the Pakistan.
Sell and Earn
With the help of a net meter, you can sell the extra generated electricity back to the grid. This results in earning credits, which can be used at night or during power outages, further reducing your electricity bill and potentially making you a zero-bill person.
20-40 ration of utilization
Solar panels installed at your home mostly produce 20-40 percent more electricity than your actual needs, which goes to waste if you haven’t installed net meters. After installing a net meter, you can sell that extra 20-40 percent of generated energy to grid to earn more units from the grid to further reduce your energy bills.