OUR SOLAR ENERGY SCHEMES
Net metering
The customer generates electricity using solar panels fixed on their rooftops which are connected to the grid through a net metering system. The consumer has to pay only for the net amount of electricity that was consumed. If the solar electricity production exceeds the electricity consumption of the premises, the balance amount can be carried forward to future use up to 10 years. No fee will be paid for the excess electricity produced.
Net-metering is a policy that allows an electricity customer to use renewable energy sources within his premises to generate electricity and utilize it within his premises, and to export it to the national grid if excess power is being generated, to be recovered when needed. Therefore, the grid acts like an energy bank for the customer. This policy originated in the USA, but has now spread to many countries. Both electricity distributors, that is, the Ceylon Electricity Board (CEB) and the Lanka Electricity Company Pvt. Ltd. (LECO), offer net-metering to their customers.
Net Accounting
If the electricity generation of solar rooftop system is greater than the consumption, the consumer will be paid for the excess according to the below table. If the consumption is greater than the generation, the consumer shall pay for the excess consumption according to the existing electricity tariff structure.
| Period | LKR/kWh |
| First 7 Years | 22.00 |
| 8th to 20th year | 15.50 |
( If the generated units of electricity using the solar panels fixed on their houses/premises are greater than the amount he consumed, the customer will be paid Rs.22.00 per unit during the first 07 years and from the 8th year he will be paid Rs. 15.50 per unit. If the consumption is greater than he generated, the consumer has to pay at the existing electricity tariff for the excess electricity consumed.)
Net Plus
The total electricity generation from the solar rooftop system would be purchased by the utility. The bill for electricity consumption would be paid to the utility as usual.
Getting paid for the amount of electricity generated using the solar panels fixed on their houses/premises. Unlike net metering method there is no linkage in-between the electricity consumption of the customer and the electricity generation. The customer has to pay for the electricity consumed according to the existing tariff. Electricity Board will pay for the total amount of electricity he generates.
Benefits of the system
- Eliminates your monthly electricity bill
- No impact on future electricity price increases
- Environment friendly green technology
- Zero maintenance cost
- Much better returns on investment
