With each sunrise, the deadline for achieving 40GW from the rooftop solar PV plants by 2022 edges closer. We have already seen states like Karnataka, Haryana and more recently, Assam set ambitious targets or open tenders in order to push the rooftop solar segment as close as possible to the target that has been set. Joining the aforementioned states is the state of Jammu & Kashmir, where, the Jammu & Kashmir Department of Science and Technology has announced a target of achieving at least 450MW of rooftop solar capacity by the year 2022.
The policy allows the interested residential, commercial or industrial building owners to install systems anywhere in the range of 1 kW to 1,000 kW on their rooftops. For government agencies, the upper limit of 1MW does not exist, and they can get an even larger sized plant installed. Ministry of New and Renewable Energy (MNRE) has designated Jammu and Kashmir Energy Development Agency as the agency to undertake the rooftop program and facilitate the sale of power to the state Distribution Company (DISCOM) using Net Metering. The announced policy shall remain applicable for the next 10 years and shall be implemented in accordance to the JKSERC (Jammu & Kashmir State Electricity Regulatory Commission) Regulations.
The best part about the policy is that it invites virtually all consumers, including individual households, industries, government and non- government bodies, commercial, industrial and residential complexes to participate in either a self-owned or through a third party owned Solar PV Net Metering based system. Therefore, you can either choose to install your own solar system or just purchase solar power. To better understand, which of the two options is more financially viable for you, you can always run the MYSUN Advanced Calculator for an instant snapshot, to help you make this decision.
Thanks to Net Metering, consumers who will generate surplus power will see the surplus power carried over on to the next month's bill and subsequently, at the end of the financial year, the surplus power will be compensated for. The policy also notifies that consumers who are interested in participating can approach the Department of Science & Technology or the Government of J&K of the grant of the applicable subsidy from MNRE. Jammu & Kashmir being a special category state, residential and institutional users can enjoy a subsidy of 70% of the solar system cost.
You can find the entire policy available on the JAKEDA site here.
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