NET METERING IN Pakistan
Giving Customers Control Over Their Electricity Bills
What is Net Metering?
Owners of solar energy systems are billed for the electricity they contribute to the grid through a billing method called net metering. For instance, a PV system installed on a residential customer’s roof can produce more electricity than the house consumes during the day. When a house is net-metered, the electricity metre runs backwards to give a credit against the amount of electricity used throughout the night or during other times when the household uses more electricity than the system can produce. Only the “net” amount of energy used by the customer is billed. Only 20–40% of a solar energy system’s production typically enters the grid; the remaining solar electricity is exported to power loads in the vicinity.
Net Metering in Pakistan
For owners of solar systems, the net metering system in Pakistan is a relatively new idea that offers many advantages. Due to the abundance of sunlight in the nation, solar panels produce more electricity during the day than is needed. However, if a net metering compliant solar system is not put on your rooftop, this excess energy will be useless. However, if you have the aforementioned capacity, you can earn electricity units in your monthly payment by selling this extra amount of electricity to the grid. Since NEPRA published legislation about net metering a few years ago, it is a relatively new but lawful practice in the nation. Net metering will benefit both residential and commercial customers equally.
Giving Customers Control Over Their Electricity Bills
Utility users can produce clean, efficient electricity on their own thanks to net metering. Most solar customers generate more electricity during the day than they need, so they may export that extra power to the grid and save money on their future electricity bills by using net metering.
Protecting the Electric Grid
Regrettably, net metering policies are viewed as missed revenue opportunities by certain utilities. In actuality, net metering regulations improve the smoothness of the electricity demand curve and enable utilities to more effectively control their peak electrical consumption. Net metering not only minimises losses in long-distance power distribution and transmission but also eases the burden on distribution networks by incentivizing generation close to the point of use. Numerous cost-benefit analyses conducted across the nation show how beneficial solar energy is to regional economies and the nation’s electrical grid overall.