Colombo, Sri Lanka — (METERING.COM) — September 16, 2008 – Sri Lanka’s power distributors are to start net metering enabling customers who generate limited amounts of renewable energy to export to the national grid.
A note to cabinet said the proposal would encourage customers to generate their own electricity through renewable sources of power such as solar, hydro or biomass in their own premises. Customers would be paid cash for excess power over a metering period (usually a month) but they would be able to carry the excess power forward to be used in the future.
Both Ceylon Electricity Board (CEB), and Lanka Electricity Company (LECO) customers are able to apply for a licence and sign a 10-year agreement under the purview of the Sustainable Energy Authority. Customers would then have two-way meters installed.
The net metering would be limited to a capacity 13 kW for single phase consumers. Individuals who want to generate more than 40 kW would have to sign a power purchase agreement with a tiered tariff.