+
MERC Introduces Virtual Net Metering in Rooftop Solar Regulations
POWER & RENEWABLE ENERGY

MERC Introduces Virtual Net Metering in Rooftop Solar Regulations

The Maharashtra Electricity Regulatory Commission (MERC) has introduced virtual net metering in its Grid Interactive Rooftop Renewable Energy Generating System (Second Amendment) Regulations, 2024. This move will benefit residents of multistorey buildings who face challenges installing rooftop solar in shared spaces.

To encourage early adoption, MERC has exempted Open Access Charges and Losses for virtual net metering installations until the rooftop solar capacity reaches 5,000 MW. Post that, new installations using the wheeling facility will incur these charges.

The Commission has also clarified that multiple residents within the same housing complex cannot jointly set up a renewable energy system. Other consumer groups must use net metering, group metering, or green energy open access.

Additionally, MERC redefined the term "renewable energy meter" as "renewable energy generation meter" in the updated draft regulations.

MERC may also introduce time-of-the-day tariffs to incentivize prosumers to install energy storage systems for efficient use of stored solar energy during peak demand

The Maharashtra Electricity Regulatory Commission (MERC) has introduced virtual net metering in its Grid Interactive Rooftop Renewable Energy Generating System (Second Amendment) Regulations, 2024. This move will benefit residents of multistorey buildings who face challenges installing rooftop solar in shared spaces. To encourage early adoption, MERC has exempted Open Access Charges and Losses for virtual net metering installations until the rooftop solar capacity reaches 5,000 MW. Post that, new installations using the wheeling facility will incur these charges. The Commission has also clarified that multiple residents within the same housing complex cannot jointly set up a renewable energy system. Other consumer groups must use net metering, group metering, or green energy open access. Additionally, MERC redefined the term renewable energy meter as renewable energy generation meter in the updated draft regulations. MERC may also introduce time-of-the-day tariffs to incentivize prosumers to install energy storage systems for efficient use of stored solar energy during peak demand

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Assam Gets Approval For 350,000 PMAY Homes

Assam Chief Minister Himanta Biswa Sarma met Union Agriculture Minister Shivraj Singh Chouhan in New Delhi, where the minister handed an approval document for 310,000 new homes under the Pradhan Mantri Awas Yojana. The chief minister subsequently posted on X expressing gratitude and noting that the minister had formally handed approval for 380,000 homes as well. The release and the social media post contained varying figures, with broader references to 350,000 homes reported in some summaries. The approvals carry central assistance equivalent to Rs 50 billion (bn), corresponding to the five th..

Next Story
Infrastructure Urban

KPIGreen Achieves Highest Energised Capacity of 630+ MW DC

KPI Green Energy energised more than 630 MW DC of capacity in the June to August quarter, marking the highest quarterly addition in the company's history. The capacity was brought online across its Independent Power Producer (IPP) and Engineering, Procurement and Construction (EPC) businesses. The company said the achievement reflected the scale, speed and consistency of its project execution engine. The firm described the quarter as a material operational milestone since its founding. The milestone covers a diversified mix of IPP assets and projects executed under the EPC vertical, spanning u..

Next Story
Infrastructure Energy

Adani Energy Solutions Wins Rs 47 bn Maharashtra Transmission Project

Adani Energy Solutions has won a transmission contract in Maharashtra valued at Rs 47 billion (Rs 47 bn) to evacuate 4,500 megawatt (MW) of renewable and storage power. The company informed exchanges that the project will facilitate pumped storage potential near Satara and strengthen the inter-regional corridor between the Western and Southern grids. The award follows a competitive bidding process and will support renewable energy evacuation to major load centres in the state. The scope includes establishment of a 765/400 kV substation at Satara, construction of a Kolhapur-Satara 765 kV double..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code