According to reports, Eastern Power Distribution Company of AP Limited (APEPDCL) in association with New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) on Saturday launched net metering, an eco-friendly concept of encouraging power consumers to take to solar power production to manage the energy demand and supply.
Launching the concept with the release of a pamphlet at the discom’s corporate office here on Saturday, EPDCL chief general manager (operations) KSN Murthy and NREDCAP district manager PV Rama Raju said that power consumers of the discom can generate solar power for self-consumption and also supply it to the discom. Rama Raju said that domestic users would be allowed a maximum 50% subsidy of the cost of installing an up to 3 kilowatt solar rooftop panel installation and interested consumers could approach the discom through the proper channel by filling an application for getting the system at home itself as discom officials would give technical support and help clear all the formalities . He said the applicants just need to have a minimum 10 sq m or 100 sq ft space for installation of solar panels on their rooftops.
Some banks have even come forward to sanction loans to interested consumers under National Bank for Agriculture and Rural Development (NABARD) supported schemes, he said pointing out that such solar installations would be useful for ryots to operate pump sets and streetlights.