Introduction
Picture your rooftop as a mini power station. With net metering, it’s possible! In Pakistan, this innovative system lets you generate solar energy and save on your electricity bills. We’ll explore how it works.
1. What Is Net Metering?
Net metering is like a friendly handshake between you and the WAPDA. When your solar panels produce extra energy, it flows back into the grid. You get credit for adding power into the grid, which reduces your bill as the government basically buys this energy back from you. It’s a win-win you save money, and the environment benefits.
2. How Does Net Metering Work in Lahore?
2.1 Sunny Days and Off-Peak Hours
- Off-Peak Units: When the sun shines, your solar panels work hard. The excess units made during the day are replaced or traded with the units you buy from WAPDA at night during off peak hours (usually at night). If you use the same amount of energy during off-peak hours, your bill becomes zero. The government adjusts these units without extra charges. It’s like paying nothing for electricity!
- Peak-Hour Units: But what about peak hour units (usually from 6pm to 11pm)? No worries! The government buys any extra units left after adjusting the off-peak units (at rate of ~21 rupees per unit). These credits offset (reduces or eliminated) the cost of peak-hour units (usually charged at 41 rupees per unit). Your solar panels become money-savers!
2.2 Installation and Costs
- For Homes: Installing a residential net meter costs 70,000 to 80,000 rupees. It takes about a month after submitting documents for the meter to be installed and license to be issued..
- For Businesses: Commercial installations cost 100,000 to 150,000 rupees. Quick and efficient!
3. Reasons to Get Solar Net Meter Connection
- Lower Bills: Say goodbye to immense electricity bills. Net metering cuts down your electricity costs.
- Fast ROI: Your solar investment pays off in just 2.25 to 2.5 years. That’s quicker than most investments!
- Green Impact: By going solar, you help the planet. Fewer emissions, cleaner air—it’s a win for everyone.
4. Conclusion
Pakistan’s rooftops are turning into power hubs. Join the movement! Contact PEMCO Engineering, embrace solar, and let your rooftop dance with the sun. Together, we’ll light up Pakistan and create a greener future.