| Blocks | Punjab |
|---|---|
| Nodal Agency | PEDA |
| Discoms | PSPCL |
| Eligible consumer | All Eligible Consumers of electricity in the area of supply of the distribution licensee having or proposing to install a roof top solar energy system may opt for grid connectivity subject to the net metering arrangement pursuant to these Regulations. |
| Mode of Project | CAPEX/RESCO |
| Min /Max | 1Kwp/1MWp |
| Load | is = <80 % of the sanctioned load. |
| Types of Metering | Net Metering |
| Mandatory Instlattion | Not mandatory |
| Energy Settlement | The electricity generated from a rooftop system should not exceed 90% of the electricity consumption by the consumer.In the event energy generated exceed 90 % of the electricity consumption at the end of the settlement period,no payment shall be made by PSPCL and shall not be carried forward to next settlement period |
| Billing Mechanism | Annual(1 September to 31 October) |
| Central Subsidy | Central Financial Assistance (CFA)/ Subsidy for Grid Connected Rooftop Solar Plants under Net Metering will be provided by Punjab State Power Corporation Limited (PSPCL) from capacity 1 to 10 Kw as per MNRE, GOI new notification.Resident may install plant of higher capacity than 10 KW but the subsidy will be limited upto 10 KW per house.Residential sector (maximum up to 3 kW capacity ):40 % of benchmark cost (above 3 kW capacity and up to 10 kW capacity)*:40 % up to 3 KW Plus 20% for RTS system above 3 kW and up to 10 kW.20 % subisy is available for Group Housing Societies/Residential Welfare Associations (GHS/RWA) etc. |
| Financial Incentives for Industrial and commercial. | 40 % Accelerated Depreciation . |
| State Subsidy | NA |
| Benchmark cost from State | 1-10 kwp: 37000; 10-100kwp: 38000; 100-500kwp: 35500 |
