NET METERING

What is Net Metering for Solar?

On sunny days, your solar system produces energy. Some of that energy is used immediately by your home, farm, or business. However, depending on your electricity usage and your system’s production, it can create more electricity than you use during those sunny hours.

On grid-tied systems, that excess electricity is pushed out through your electricity meter and to the utility grid. In return, the utility will give you credit for the electricity you “uploaded” to the grid.

When you use electricity while your solar system is not producing, like at night, you’ll draw electricity from the utility company. Instead of having to pay for that electricity, you can draw on those credits to “net” out your meter.

This makes it easier to offset more power with solar energy. It essentially uses the electricity grid as a form of free energy storage. That way, you can have access to electricity generated by your solar system all the time.

Rules For Net Metering.

Rules for Net-Metering vary stightly with every city.
If you want to apply for a Net-Meter feel free to Contact us any time. We will guide you every step of the way.

"Net Metering" VS "Net Billing for Solar"

What is Net Metering?

The main difference between these two compensation programs is what you receive for your energy exports. Net metering will compensate you at the retail rate, whereas net billing will compensate you at the lesser supply or wholesale rate.

With net metering, the electricity you upload to the grid is worth the same as the electricity you’d purchase from the grid. You receive one credit for every kilowatt-hour (kWh) you upload to the grid. You can exchange those credits for an equal amount of kWh whenever needed. Or you can bank these credits, roll them over from month to month, and then eventually receive a cash payment for unused credit. This one-for-one switch is great for solar panel owners, as it’s essentially free energy storage.

What is Net Billing?

Solar net billing works a little differently. The excess energy generated by your solar system is “sold” to the utility for less than it would cost for you to buy it as a customer. Your solar-generated energy is treated like any large-scale energy producer or power plant selling energy to the grid. Instead of a credit on your utility bill, you will get a Rupee value based on the supply rate or wholesale rate of electricity.

If your retail rate is 30 Rs/ Unit, your supply or wholesale rate could be around 15 Rs/ Unit . That means you’ll have to add 15 Rs/ Unit per kWh to “buy back” your solar-generated electricity uploaded to the grid.

In Pakistan we get "One Unit" back for ever "Unit" exported to the grid. Except in "PEAK HOURS"

This "Net Billing" method is used in "Peak Hours". In Peak Hours we usually get units at double the price.

Note: Prices quoted are just an example.

CONTACT US

Shop No 1, Main FDA City Approach Road , Faisalabad, Punjab, Pakistan,

Waleed Ikram Khan
📞 +92 336 6664321
📧 solarworksPakistan@gmail.com