A net metering capacity upper limit of 1 MW will be increased to 3 MW through a ministerial decision expected to be delivered this week.
In addition, through this same decision, a number of revisions will be made to simplify net metering procedures, especially for projects with capacities below 50 KW.
The net-metering capacity increase will enable energy cost reductions for many enterprises, PV company officials have noted.
Logistics centers, airports, hotels, supermarkets and small-scale industries all stand to benefit as such enterprises typically possess abundant spare space that could be utilized for solar energy system installations. They consume considerable amounts of electricity that could be offset through net metering.
The PV company officials informed that many customers who had installed net-metering facilities for up to 1 MW are already expressing interest to invest in capacity boosts, highlighting the market need being satisfied by the upcoming related ministerial decision.