Can I sell my excess solar energy?
But here’s an added bonus on top of the solar tax credit you might not have known about: you can sell your solar power back to a utility company. If you are generating more power from your solar panels than you’re using in your home or business, many electric companies will apply a credit to your monthly bill.
How do you sell electricity from solar panels?
Renewable Energy Credits Solar-producing businesses can sell their SRECs to utilities, and depending on prevailing market prices, reap profits. Solar services provider Geostellar speaks of several routes for selling SRECs: directly to the utility; through an agent or aggregator; or through an SREC exchange.
Can I sell electricity from my solar panels to government?
The concept of selling back solar energy to the electricity board is called ‘Net metering’. Whatever be the units he exports to the electricity board will be deducted from the units he imports. This is the net metering concept. UP government also gives subsidy on on-grid solar systems.
Can I generate electricity and sell?
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.
Can we sell solar energy to government 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.
How can I sell my solar panels fast?
Where to sell solar panels
- Door-to-door. Going door-to-door is a great place to start selling solar — even though it might sound a bit old-fashioned at first.
- Targeted online communities.
- Local Google and Facebook Ads.
- 4. Facebook groups for homeowners.
- Customer referrals.
At what price government buys solar energy?
The government bought more than 200 million units of power at Rs 15 per unit rate from each of the private entities including Tata Power Renewable Energy Limited (210 million units), GMR Gujarat Solar Ltd (200 million units), Lorox Bio Energy Ltd (208 million units), Roha Dyechem Pvt Ltd (209 million units), and Alex …
How much money can you make selling solar energy 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.
How do I get solar clients?
Run ads targeting people looking to buy solar panels now In-market: Show ads to users who have been searching for products and services like yours. Remarketing: Target users that have already interacted with your ads, website, or app so that they’ll see your ads more often.
What is the best way to sell solar?
How do I claim my solar subsidy?
The customer needs to call the electricity provider for inspection after completion of the installation process as well. Next, the officer will inspect the installation and give their approval for availing the subsidy. Then, customers can avail the subsidy amount.
How do I Sell my solar power back to the grid?
Here’s how you can sell electricity back to the grid: 1. Check with your state and utility company. Over 40 states allow for some kind of “net metering.” Translation: households that generate electricity through residential solar projects can receive checks from the power companies for excess energy sent to the grid.
What are the rules for selling electricity to the grid?
The rules and rates for selling electricity to the grid vary from state to state, as well as by utility company. Some make it easier than others, and there are caps on how much each household can sell via net metering, to prevent people from fleecing the utility companies.
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.
What happens if my solar panels produce more energy than my home uses?
One of the most common questions people have about solar is “what happens if my panels produce more energy than my home uses?” In almost every state, if your solar panels generate more power than you consume, you can send this power back the utility and receive credits on your next monthly utility bill. This is known as net metering.