MEPCO Net Metering 2024 |Download Application Form
If you are here to gain knowledge about what Net Metering is or you want to know how this function works to save your electricity Bill then this post will tell you each and everything related to MEPCO net metering.
Net Metering is basically utilizing a renewable source of energy, solar energy by generating your own energy and selling the extra energy generated to the power station so that customers can save money on the MEPCO electricity bill. This is a smart and effective approach for saving money while conserving energy.
Note that this application is not available for all MEPCO consumers but only those energy consumers who have authority from the Electricity companies can go for Net Metering. For the sake of customers, NEPRA has already enacted the net metering regulation.
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How can I apply for Net Metering | Full Procedure and Requirments
As previously stated, no one can apply for MEPCO net metering since the applicant must first become eligible to apply for Net Metering through a technical application process. The idea of net Metering gained popularity because adoption of its self-renewable energy sources.
Complete Procedure For the Application of MEPCO Net Metering
There are some specific Rules and policies assigned by the NEPRA for the Installation of Net Metering, you have to go through the following process for the application of MEPCO Net Metering.
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These steps are the most simplest and complete guidance to MEPCO Net Metering Installation, but not only learning the procedure can help you out because everything needs some essential requirements to enhance its verification and that also has to be done for this application.
Essential Requirments for MEPCO Net Metering
We have brought you some very crucial piece of information which is having a larger impact on the Net Metering installation.
The Documents which should be there when you are applying for MEPCO Net Metering are as Follows:
As these requirements further improve your status and portfolio the chances for your application acceptance increase.
If you still confront any type of misconception of facing any technical fault then you may contact MEPCO helpline support. They will guide you step by step for your solution.
How Net Metering Works :
Do you want to learn how Net Metering works then here is the complete and easiest guide for you to understand its mechanism:
Net Metering Crucial Eligibility Check
Before applying for the MEPCO Net Metering one should confirm whether his application will be processed or not which means that they should check the eligibility criteria allotted by the Pakistan Electricity System.
This system is further modernized by the introduction of the MEPCO MIS application that contains all the required data of their power consumers so that it can be easily updated and monetized
Load balancing
It is the most important aspect of net metering. Even if an individual can use a net metering facility that exceeds the 3KW capacity of a solar system, the entire electricity load supplied to the meter must be less than the solar system capacity. The net value of the whole electricity supplied to the meter, however, must be 2KW or less.
Grid Connectivity
Net metering necessitates grid connectivity. This implies that the customer’s solar panels must be linked to the electrical grid in order for them to sell excess energy back to the grid.
3-Phase Meter Must be Available:
Net metering necessitates the use of a bi-directional meter, which measures the flow of power in both directions. A bi-directional meter is required to track the quantity of power generated by a client as well as the amount of electricity used from the grid.
Differentiation Between Net Metering and Net Billing
There is a very prominent and simplest difference between the two distinct systems illustrated below which will hopefully clear your misconception and query about the two systems:
Net Metering | Net Billing |
Net metering is a direct billing mechanism. This means you get an amount of cash on your power account for every kilowatt-hour (kWh) of electricity you create and send back to the grid. The credit is equivalent to the retail rate of power, which is the rate you pay for grid electricity | This implies that you will receive less than the retail rate for your extra power. In other words, you are selling your surplus power to the grid at a cheaper price than you are purchasing it from the grid. |
Price of Net Metering In Pakistan
The cost of net metering is determined by system capacity and monthly power use. According to estimates, the minimal beginning price for net metering in Pakistan is 80,000 to 120,000, which might grow depending on demand and capacity.
Currently, the government of Pakistan, in partnership with banks and commercial finance businesses, gives solar system facilities to every citizen for long-term use. By taking out loans or financing in convenient payments, you may convert your power use to solar panels.
Bill Calculation & Flow of Electricity
Another significant aspect of Net Metering that should be noted is its peak hours, which are between 5 pm and 10 pm. During this time, the charge for power consumption is greater, thus one should utilize their electricity consumption in a very limited quantity.
Billing Calculation of Net Metering | ||
Peak Hours Bill — OFF Peak Hours = Net Bill |
Let’s calculate the supposed value for Peak hours and Off-peak hours as follows:
Peak Hours Bill | 1800 |
OFF-Peak Hours Bill | 2550 |
Net Bill | – 750 |
Solar System Capacity Is Required for Residential Use
Don’t acquire a home-based solar system until you know exactly what you need. Making the proper option will help you save both time and money. The capacity and units utilized by the solar system are listed below.
Monthly Units consumed | Solar System Capacity |
300-500 | 3KW |
500-600 | 5KW |
1100-12001 | 10KW |
1700-1800 | 15KW |
2300-2400 | 20KW |
2800-3000 | 25KW |
3500-3600 | 30KW |
4000-4200 | 35KW |
Conclusion
MEPCO Net Metering is a great service that may assist clients in saving money on their power bills while also reducing their environmental effects. Customers may minimize their dependency on traditional energy sources and contribute to a cleaner, more sustainable future by generating their own power and selling the surplus back to the grid. This system has both types of customers Residential and commercial.