Sage-Tips

Can I produce and sell electricity in India?

Bhopal: In a role reversal of sorts, domestic users can produce their own electricity and ‘sell’ it to Madhya Pradesh government! In September 2016, the state cabinet also approved it, modalities were being worked out before coming out with facility domestic consumers, said sources.

How much money can you make selling electricity back to the grid in India?

According to GV Balaram, managing director of KREDL, a farmer running a 5 KW solar photo-voltaic panel and selling one third of the power generated can earn about Rs 23,900 a year as one KW panel can generate an average of 4.5-5 units a day.

Can you still sell electricity back to the grid?

Assuming your house is connected to the national grid, you can sell any surplus electricity you generate back to your energy supplier, (although it is sometimes hard to get the appropriate red tape completed). There are basically two options for selling your renewable energy back to your electricity supplier.

Can we sell solar electricity?

With the help of subsidies or on his own, a farmer can switch to solar-powered irrigation pump (IP) sets. He can use as much electricity as he needs and sell the surplus to the grid.

Can I sell my solar power to the grid?

You can’t exactly sell the electricity your solar system generated back to the utility. If you have a grid-tied solar system, you can send the solar electricity to the grid, and you’ll receive a credit from the utility or they will purchase it at a nominal, whole-sale price.

Can we sell solar electricity in India?

A farmer having a 10 kV solar power facility can earn up to Rs 50,000 a year by selling excess power to the government. It is after using power for her/his own use. The State Energy department, for instance, offers 90 per cent subsidy and the Agriculture department 50 per cent subsidy.

Can I sell solar energy?

Small-scale businesses can sell solar energy credits at the market value of electricity and earn instant profits. Businesses can sell SRECs directly to the utility service or can go through an agent.

Can I sell my renewable energy?

If you generate energy from turbines, solar or other means and want to sell it – you must have a power purchase agreement (PPA) in place. There are different PPAs and renewable energy certificates, so it’s important you choose the right one for your business.

Can we sell electricity to government in India?

Is it possible to sell electricity back to the grid?

Yes, it’s possible. If you’re thinking about generating some renewable energy on your property, you should know that those solar panels can earn you money. Here’s how you can sell electricity back to the grid:

Who should I Sell my solar power plant to in India?

There are different policies stated by different states in India. If it is a roof top solar project for your own usage, it is highly recommended to sell it to government/current discom.

How gridgrid-tie inverter can help you save electricity bill?

Grid-tie inverter would not only reduce his monthly electricity bill by running his home load on solar but would also help him earn money by selling the excess solar power produced by solar panels back to the grid. And so Ravi installed the following system in his home.

What is an on-grid solar power system?

PV on-grid rooftop solar power system is one of the most popularly used solar solutions for houses and commercial establishments. Grid-tie solar, also known as on-grid, works in connection with the main grid.