The advantages of solar energy as well as net meters

 

The prices for energy have begun to rise once more. The rise in the global crude price will affect the prices for fuel in Pakistan. Additionally, it will also boost the cost of imported LNG. The cost of imported LNG is correlated with the cost of crude. This is a cause for worry that in Pakistan where there are cheaper energy sources and a high cost of alternatives to energy. The government's primary focus is upon the power plants that rely on imported fuels, i.e. imported LNG and coal imported from China.

We are an online solar consulting/inspecting agency that connects the client with Top solar companies in Pakistan. We also calculate the solar panel price in Pakistan.

Pakistan has a wealth of renewable energy resources that are alternatives to fossil fuels, i.e. wind, solar and hydel, among others. The options available to you are renewable energy, installing solar power is the most appropriate choice for domestic consumers. Solar panels can be installed on the roofs of homes, offices, and other structures.

According to studies, Pakistan has a solar energy potential of 2.9 million Megawatts. However, we're only using 400-500 MW of this massive potential.

In this article, we'll look at the benefits of solar panels being installed by homeowners. Customers from the home are able to install solar panels on their homes and save dollars. Installing solar panels that include a solar battery backup option can be expensive. The most suitable option for home solar panels is to use the Net Metering System. The excess energy produced by solar panels in the day can be transferred into the National Grid. National Grid and the customer will purchase the grid's energy at night. During the month, the total import and export of energy will be determined. The invoice will be prepared according to Net Energy purchased by the customer.

The government has initiated a few initiatives to put solar on roofs for plazas and office buildings, but they aren't proving to be successful. Customers cannot fully benefit from solar in the absence of proper construction and the launch of the Net Metering System.

The construction of a 1MW Solar Plant requires approximately 3 acres of the area of land. A house with a free roof space of 500 square feet is able to install solar panels with a capacity of 3.8 4 kW. The panels will cost 267,400 and the annual savings will be 79,716 with the payback period in the range of 3.35 years.

The following information points outline the cost savings associated with the installation of solar panels, with the option of Net Metering.

• The amount of land required for 1 kW Solar Space Required: 13 square feet
• Approx. Space that can be rented by one customer 500 square feet
• Solar panels that are installed at one residential or commercial building: 3.82 kW
• The solar energy produced at 85% cell efficiency: 3.25 kW
• Annual Energy Generation @ 17.5 % Capacity Factor: 4,982 kWh
• Average cost of electricity offered by DISCO: DISCO The average cost of electricity supplied by the DISCO is Rs.16/kWh
• Annual savings for one user: Rs.79,716
• The cost of solar panels: The cost of solar panels. 70,000/kWh
• Cost for one user @ 3.3 4 kW cost: Rs.267,400
• The repayment of your investment 3.35 years
• Potential buyers from Pakistan (no. ): 500,000
• The capacity that could be used by consumers who are interested 1 910 MW
• The total investment made by 500,000 customers (Rs. 133.70 billion
• The annual production from small solar producers 2.491 million kWh
• Saving of Transmission & Distribution Losses @ 15%: 373.67 Million kWh

Advantages:

• Save for electricity consumers
• Electricity supply is uninterrupted
• Reliance on indigenous resources
• The reduction in imports of fuel
• Green & clean electricity
• Reduced load on the DISCOs transmission system
• Saving of Transmission & Distribution (Line) Losses

Challenges:

• The approval process is too lengthy and complicated for net measurement.
• It is important to ensure that power is generated by solar panels only.
• Security and reliability of the system.
• The issue with system isolation (safety issue for personnel of DISCO).
• There is no loan available in these areas.

The following actions must be implemented immediately in order to make use of the resources available without wasted resources:

• Facilitate your Net Metering System approval and installation process simple and in only one window.
• Create a law that allows banks and other financial institutions to provide loans for these kinds of investments.
• Modify DISCO's operating procedures to ensure the security of their employees.
• Begin an awareness-raising campaign about the best solar panels in Pakistan.

It is better for the energy sector in the nation that all the regulatory agencies are on one page in order to provide investors with the confidence they need to make investments. The government must formulate policies that facilitate clients. We are hopeful that, through a simplified process of the implementation of the Net Metering System, approximately 2000MW of clean solar energy could be added to the system without cost to the government. As time passes and the confidence of the public and the public, the solar power generated by net metering will be multiplied to 10,000MW.