Feasibility study for the net metering implementation in rooftop solar PV installations across reliance energy consumers

Abstract

Net metering mechanism provides usages of a bidirectional meter which has facility to record both import and export energy values. In net metering, prime focus is on utilizing self produced electricity by renewable energy sources and excess or surplus is sold to utilities or grid. It results into reduction of electricity bills. Solar photovoltaic system is used significantly in net metering. This study involves the feasibility examination of net metering implementation in commercial buildings of Reliance Energy consumers in Mumbai. Commercial consumers are targeting purposefully. The study also on analyzes the annual savings of electricity and economic feasibility in solar rooftop photovoltaic system. The study shows that lower payback period is achieved with solar rooftop photovoltaic system.