What is Net Metering?
The Philippines enjoys a large amount of sunlight. The country can harness the sun’s power with a power generation potential of 4.5 to 5.5 kWh per square meter per day as per DOE. Each grid tied facility can utilize the power of the sun with solar panels installed with the introduction of the Net-Metering scheme.
Net-Metering became implemented under the Renewable Energy (RE) Act of 2008. Through the installation of solar photovoltaic panels up to 100 kW, residential and commercial facilities can now supply their own demand in electricity. Excess power generated from the solar PV system will be delivered to the local distribution grid of the electric distribution utility and will be used as credits to counterbalance the end-user’s electricity consumption by replacing the old meter with a “bi-directional smart meter”. The end-users become producers and consumers of electricity at the same time. Now, end-users are able to generate savings on their electricity bill.
The latest NEWS about the net metering program, the ERC chief indicated that the installation cost had been reduced so that the base of participants in the net metering program could largely expand. On processing timeline for connection-applications, distribution utilities had been directed for a maximum 20 days “to complete the whole interconnection process from receipt of the letter-of-interest.” also emphasized that the fee for the conduct of distribution impact study (DIS) as well as other related soft costs had already been removed.
By installing solar in your establishment it is a great contribution to the country’s independence from fossil fuels. We SOLWIND have a positive insight that in the future, almost all of the rooftops nationwide will be installed with solar and harness the unlimited free energy from the sun.
Check out our Grid Tied packages at https://www.solwindenergy.com/
SOLWIND will provide all of the technical necessities and here are some of the basic requirements for Net Metering:
1. Letter of Intent
2. Barangay Clearance
3. Location Map showing the Applied Area
4. Special power of Attorney
5. Building Occupancy
6. Recent Electric Bill
7. Photo copy of ID
9. Land Title
10.Tax Dec & Receipt
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