A Review of Net Metering Mechanism and its Process: Exploring the Feasibility and Challenges of Net Metering Mechanism for Solar PV in India

Abstract

With the increase in deployment of solar PV in India, a feasible net metering policy is in need of ours. In this paper, concept of net metering through solar system and analysis of data carried out is explored for the beneficial of consumers for studying the feasibility of net metering in India. Also it is found that simple net metering policy is unable to accommodate various categories of consumers. So, making a net metering, which is more scalable, feasible and financially viable is challenge. According to consumers classifications calculate their load requirements and their production rate and finally their own payback period will make the system sustainable.