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

PROFORMA FOR INFORMATION FOR CAPTIVE/NET-METERING ROOFTOP SOLAR PLANT SET UP IN THE STATE OF PUNJAB


Advantages

Advantages

Individual Benefits :-

. Net metering allows you to get full retail value for the electricity you 

  produce by permitting you to put any excess electricity you generate 

  back in to the electric grid and retrieve it later, free of charge.

. Net Metering accurately captures energy generated and consumed, 

. Reduced pressure on the local electricity grid.

. Increased local energy Independence.

. Increased property Values.

. Reduced peak power demands.

. Increased in-state electricity generation.

. More Visible indicators of community support for clean energy,

. Regional Economic Growth.

. No Battery storage system needed.

. Solar Power produced in winter saves on summer costs.

. No - Maintenance- Solar Power without hassles.

Environmental Benefits :-

.Generation of Environment friendly, clean energy.

.Reduces carbon (CO2) emissions.

.No pollution healthy Environment.

.Helps in controlling Global Warming

.Saving of fossils fuels like coal, wood and other petroleum products.

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