Net metering is a billing mechanism that credits solar energy system owners for the electricity they add to the grid. Contact online >>
Net metering is a billing mechanism that credits solar energy system owners for the electricity they add to the grid.
This means the consumer has to pay only for the net amount of electricity consumed during a month. If the solar electricity supplied to the grid is more than the electricity consumption during a month, the balance amount can be carried forward to future as a credit, up to a maximum of ten years. No payment will be made for the excess electricity supplied over the consumption under this scheme.
If the generated units of electricity using the solar panels fixed on houses/premises are greater than the amount consumed, the excess will be paid at the rate of Rs.22.00 per unit during the first 07 years and from the 8th year onwards at the rate of Rs.15.50 per unit by the Utility Provider.
If the consumption is greater than the generated units, the consumer has to pay at the existing electricity tariff for the excess electricity consumed.
This involves getting paid for the amount of electricity generated using the solar panels fixed on the premises. Unlike the net metering method there is no linkage between the electricity consumption of the customer and the electricity generation. Two separate meters will be installed to measure import and export of electricity separately.
The customer has to pay for the electricity consumed according to the existing tariff whilst the Utility Provider will pay for the total amount of electricity the customer generates.
Solar PV service providers (applicant company), having capacity to deliver the complete package of services including survey, design, supply of equipment/materials, installation & commissioning and post installation back up support must register at the Sri Lanka Sustainable Energy Authority to engage in Solar PV Roof Top installation in Sri Lanka. Please refer below for the updated list of registered service providers.
Registered Solar PV service providers may be asked to update and/or provide additional information that may be required for determining the vendor''s ability to participate in specific requests for proposals of major procurements, where additional qualification criteria specific to such projects would be required.
It is mandatory that Solar PV service providers conform to the following;
Further, it is preferred that:
A rooftop PV system has several components and each one of them has its own performance parameters. In order to increase the reliability of the system, the following Minimum warranty and insurance is required for each component:
Vendors/service providers shall submit necessary test certificates from accredited laboratories and obtain the conformity certificate from Sri Lanka Sustainable Energy Authority for PV panels, inverts and DC Cables as appropriate.
The Vendor/Service Provider shall provide 1st year insurance cover for ''Comprehensive General Liability for the components of the PV system'' through a reputed Insurance Company.
Probable Service-related Issues
Power generated through the Rooftop Solar PV Installations can be integrated with the National grid through the Utility Providers in Sri Lanka.
As the number of solar installations in the Sri Lanka continues to grow, there is more demand and opportunity for people to join the solar industry, as well as for those already in the industry to expand their knowledge.
Professionals need access to high-quality, local, accessible training in solar energy system design, installation, sales, and inspection, as well as power systems engineering and related professions like building safety officials and first responders. Solar training and energy education play a crucial role in securing the future of solar adoption and achieving the goals of the Sri Lanka. Upon realization of this, SLSEA has conducted and continuing training programmes in the following disciplines. These Training programs include hands-on installation training to develop their skills.
Sri Lanka Sustainable Energy Authority72, Ananda Coomaraswamy MawathaColombo 07 Sri Lanka.
ADB is supporting Sri Lanka’s bid to increase the use of solar power and other renewable energy sources and meet its commitment to the Paris Agreement on climate change.
Sri Lanka - ADB is supporting Sri Lanka’s bid to increase the use of solar power and other renewable energy sources in providing electricity to the whole country and meet its commitment to the Paris Agreement on climate change. The government’s Battle for Solar Energy program envisions 1000 megawatts of solar power generation capacity by 2025—all from the rooftops of homes and businesses.
In 2017, ADB approved a $50 million loan for Sri Lanka’s Rooftop Solar Power Generation Project, which would finance the development of rooftop solar photovoltaic systems and support the government’s target to increase the share of nonconventional renewable energy generation in Sri Lanka’s power generation mix. The project provided the credit line that would enable businesses and households to finance the installation of solar PV generation facilities atop their houses and building.
The Ministry of Finance is managing the credit line, in close collaboration with the Ministry of Power, and Sri Lanka Sustainable Energy Authority. Funds are channeled to the beneficiaries through selected participating financial institutions.
To ensure the smooth implementation of the investment project, ADB provided $1 million for project readiness activities. Financing came from ADB’s Asian Clean Energy Fund under the Clean Energy Financing Partnership Facility.
Project readiness activities included the preparation of technical guidelines and standards to be used in rooftop solar installations and the creation of a pipeline of bankable subprojects through the participation of financial institutions. By the end of 2019, about 2,081 subprojects have been approved amounting to 23.5 megawatts of total solar PV installations. Technical verification post-installation was also supported. A detailed research study on large-scale photovoltaic integration to the grid was also conducted.
A project website that provides a platform to facilitate potential consumers to invest in solar rooftop systems and monitor the rooftop solar installations was launched in March 2019. In January 2020, a solar investment calculator was introduced to the website to be used as a guide to domestic consumers interested in investing in a solar rooftop system to assess its viability. A comprehensive database of all 175 project installations is also being maintained.
Capacity building with technical workshops for over 80 technicians and awareness-creation workshops for over 150 representatives of participating financial institutes, developers, and government agencies were also conducted.
The project is boosting access to clean and reliable power in Sri Lanka by financing solar rooftop power subprojects across the country through private sector partners and customers.
In 2020, the Clean Energy Fund under the Clean Energy Financing Partnership Facility provided additional financing of $250,000 to help increase the installed renewable energy capacity from solar rooftop systems and enhance the capacity of stakeholder for future solar installations.
With the additional financing, this has been increased to an expected capacity of 60 MW with an estimated gross power generation of 94.6 gigawatt-hours (GWh) per year. The initial project design was to add 50 MW of renewable energy capacity from solar rooftop subprojects.
Upon completion, the project is expected to reduce Sri Lanka’s greenhouse gas emissions by 66,800 tons of CO2 equivalent (tCO2e) annually. It is also developing market infrastructure for the solar rooftop systems through greater cooperation with private financial institutions.
ADB and the KMF Limited Liability Company (KMF), Kazakhstan''s leading microfinance institution, signed a $15 million loan to provide financing to Kazakhstani MSMEs.
ADB has helping to address challenges in Nepal''s irrigation and agriculture through the Community-Managed Irrigated Agriculture Sector Project, which aims to enhance irrigation infrastructure and management in the country''s five provinces - Koshi, Madesh, Bagmati, Gandaki, and Lumbini.
Land leasing is a versatile, voluntary instrument that helps avoid, minimize, and mitigate involuntary resettlement impacts in development interventions.
Uzbekistan, located in Central and West Asia, has an arid and continental climate with large variations in temperatures within days and between seasons.
The Asian Development Bank (ADB) is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. It assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development.
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