The Maharashtra Electricity Regulatory Commission (MERC) has officially approved its net metering policy for rooftop PV in the state.
The introduction of net metering, announced in a gazette notice, will allow commercial and domestic solar consumers to get credit for the solar power they generate.
The scheme will apply to PV systems with <1MW capacity under 20-year agreements. A MERC statement said eligible consumers must use or intend to use a PV system installed on a rooftop or any other mounting structure in their premises, to meet all or part of their own electricity requirement.
The scheme comes under the ‘Net Metering for Rooftop Solar Photovoltaic Systems Regulations 2015’.
In related news, this week PV developer and cell and module manufacturer Tata Power Solar has launched a series of rooftop grid-tie systems for the residential and SME rooftop market in India.
Meanwhile Bridge to India has released its latest analysis forecasting a “massive jump” in PV installed capacity in India next year. The capacity currently under construction stands at nearly double the total current installed capacity, and most of this is expected to come online next year.