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 dated 08.03.2019. Further, it is also informed that it has already been requested to the MNRE, GOI for the release of Central Financial Assistance (CFA)/ Subsidy for old cases which have been submitted in PEDA Head Office, Chandigarh.
Beneficiaries /EPC companies are required to submit hard copies of all reports along with necessary certificates in PEDA Office in addition to online submission for release of subsidy otherwise no subsidy will be released



What is Net Metering?

Net metering is the process through which you attain a “dual-benefit “by installing a solar power plant on the roof, open space, walls of the building to generate electricity. Generated power is first used in the building as per the requirement and the surplus power is fed to the grid of utility (PSPCL). 

Know the Dual Benefit?

A bi-directional meter is installed in the supply line to register import and export of power. Net metering arrangements, thus, combine elements of captive power consumption and exchange of power with the utility. The bill is issued by utility after adjustment of import and export of power.

Do You Want To Install

Under Net Metering Policy, all consumers of electricity having minimum sanctioned load of 1.25KW and maximum of 12.50 MW who intend to generate their own electricity and desire to contribute towards environmental protection can install Solar PV plants on Roof-Tops/ Walls/Open area of Individual Households, Industries, Commercial Establishments, Institutions, Residential Complexes, Schools, Colleges, Hospitals, Sheds, Cold Stores, Government and Semi-Government Buildings, etc.

Know Your Capacity Range

Under Net Metering Policy, Solar PV Power Plants of capacity ranging from 1KW to 10MW can be installed. The maximum capacity of solar power plant to be installed in a building would be 80% of the sanctioned electricity load of that building. But Solar Power Plant of actual required capacity should be installed and capacity be calculated as per formula given below:

i.    Total annual electricity consumption of house/building      =  ....... KWh   =   (A)

ii.   Per day electricity consumption                                      =   A/365        =   (B)

iii.  Actual Plant Capacity                                                    =   B/4            =  ...... KW