Virtual net metering included in new RES framework

A draft bill to establish a new RES support framework, submitted to parliament for ratification this week, will offer virtual net metering, thereby fulfilling a long-standing request by RES and other power producers.

Virtual net metering will allow vocational groups offering publically beneficial work, such as educational institutions, farmers and municipalities, to link fragmented and scattered operations and bases to just one electricity meter and offset the cost of electricity supplied to them by the power utility with electricity produced by their own power production systems for the grid.

Under exisiting net metering regulations, separate power meters are needed for each specific location.

Besides PV and small wind-energy facilities, virtual net metering will also be available for operations installed with small hydropower stations and combined heat and power (CHP) producers.