Who would not want to be independent regarding their energy demand and supply? Solar energy does that for every consumer, from a small home set-up to a large industrial one. What if you are fulfilling your energy needs yourself? And when the Sun goes down, trading the surplus production in exchange of the same units from the grid during the off-peak hours, what could be better than that?
Net-Meter is the ultimate answer to that.What is Net-Meter?
A mechanism which allows the bi-directional flow of electricity between the grid and the customer who are producing their own energy via renewable energy source i.e., solar energy. The direction flow depends on the consumption of the consumer. If consumption is more than the generation that the electricity will flow from the grid, yet if the consumption is lesser than the production, the electricity will flow to the grid and that’s where the profit lies for the customers who are independently producing their own power.
Hence, a net-meter is a device which enables the solar energy systems owners to spin their own meters in reverse. The surplus units that are traded to the grid are exchanged after the sunset when the solar power plant is not running and the consumers only pay the electricity bill for the excess of electricity, they consume above their energy production. Net-Meter enables the customers for the investment in renewable energy transition and have savings of lifetime. Amid the day, most solar energy using clients produce more power than they utilize; net metering is that electricity policy and a bi-directional green meter, that permits them to send that extra energy units produced back to the grid and decrease their future electric bills. Net metering in Pakistan gives statewide financial and economic advantages as far as employment, salary and venture are concerned. Net metering strategies make a smoother curve in terms of demand for power and permit utilities to better deal with their peak loads. By empowering era close to the point of utilization, net metering likewise diminishes the strain on distribution frameworks and averts power losses in long-distance transmission and division of Power. According to NEPRA regulations, it takes about 90 days to complete the process, however, the time frame may vary as per the pre-requisites’ availability and authenticity.
