A substantial 50% drop in net metering electricity charges is one of the suggested actions, along with modifications to buyback power pricing and capital return schedules for net metering clients.
According to sources, the new policy aims to reduce capacity payment costs by cutting the buyback power tariff from the current Rs. 22 to Rs. 11. Furthermore, the proposal recommends raising the current three-year capital return period for net metering clients to five years.
To ensure fair distribution and effective use of solar energy resources across the country, the policy will also specify the percentage of net metering allotted to each grid.
