Open Access enables heavy users with more than 1 MW connected load to buy cheap power from the open market. The concept is to allow the customers to choose from a number of competitive power companies, rather than being forced to buy power from the local utility monopoly. It not only helps the industrial & commercial consumers by ensuring regular electricity supply at competitive rates but also enhances the business of power markets. Open access helps consumers meet their Renewable Purchase Obligations (RPOs) as well. A consumer with bulk load can avail the benefits of cheap and green solar power by either purchasing through the rooftop solar installation in its premises or buying from an offsite solar farm under open access. Once the consumers are given the choice to purchase power from the open market, it will automatically lead to competitive pricing of electricity making electricity cost go down.
CAPEX MODEL: In this model, the entire investment comes from the power consumer, consumer generally hire a solar EPC company who provide turnkey installation of entire solar power system and hand over assets to consumers. EPC also do annual operation and maintained (O&M) of plant on mutually agreed cost per annum. This model allows the consumer to avail TAX benefits and accelerated DEPRECIATION. Today, Solar has no technology risk associated with it. So, why pay the profits to OPEX/RESCO company if you have spare capital available with you. OPEX/RESCO MODEL: In the OPEX/RESCO model, an investor or project developer (sometimes called Renewable Energy Service Company –RESCO) invests the CAPEX and consumer pays for the energy consumed/supplied by the solar power project delicately developed for a particular consumer. Both consumer and developer sign a long-term power purchase agreement (PPA) for an agreed tenure (typically 25 years) & tariff(per KWh of solar power).
Depending on the region and its DNI ( a measure of amount of sunlight available), the solar panel output for a 1 kW PV plant can be between 3-4.5 kWh of electricity a day on average, or 1100-1600 kWh of electricity a year.
Under net metering, electricity generated by the SRTPV (Solar rooftop photovoltaic )system is first utilized by the consumer to meet their internal/captive requirements. Excess electricity, if any, is exported to the grid. Subsequently, when the consumer imports power from the grid, the exports are adjusted against the imports, lowering the electricity bill. A net meter (bi-directional meter) records the energy imported from the grid to meet the load and surplus energy exported to the grid after consumption. Both energy import and export are recorded in the net meter. The difference between export and import readings is the actual energy consumed/delivered
Here at Your Energy , we see a lot of interest in rooftop solar products. And with good reason: *Rooftop solar is a great step toward combatting climate change *Solar panels contribute to the “green economy” *Solar power is incredibly efficient *It can be installed quickly *Solar energy requires minimal maintenance *Solar panels have zero emissions. What’s more, solar power operates silently and there is no need for costly transmission infrastructure.
PERC can stand for either Passivated Emitter and Rear Cell or Passivated Emitter and Rear Contact. At its core, a PERC solar cell is simply a more efficient solar cell, meaning that solar panels built with PERC cells can convert sunlight into usable electricity more easily. Solar panels made from PERC solar cells typically perform better than traditional panels in both low-light conditions and high temperatures. PERC technology boosts efficiency through the addition of a layer to the back of a traditional solar cell, which provides several benefits to the cell’s production. PERC solar cells are an exciting technology because of the efficiency gains they provide over standard solar cells.
The Ministry of New and Renewable Energy (MNRE) has issued a clarification regarding the subsidy applicable for rooftop solar installations by individual residential households under phase-II of grid-connected rooftop solar program. In its official memorandum, the MNRE states that subsidy under Phase-II of the grid-connected rooftop solar program will be available to all eligible households for installation of rooftop solar as per regulations of respective State Electricity Regulatory Commission (SERC) and provisions of program implementation guidelines. According to the MNRE statement, rooftop solar installations up to 3 kW will qualify for a subsidy of 40%. For rooftop solar installations above 3 kW, and up to 10kW will get a subsidy of 40% for the first 3 kW and 20% for the remaining capacity, and for installations above 10 kW, it is 40% for the first 3kW and 20% for the remaining 7 kW. However, there’s no subsidy beyond 10 kW capacity.
Adopting solar energy can reduce your monthly electricity bills by up to 80%. While the benefits of solar are well documented and it is more affordable than ever to go solar, the Government, both at the centre and state level, are trying to make the journey even more affordable. Therefore, time to time limited subsidy schemes are announced to connect more beneficiaries to enhance the solar adaptability.