10KW Grid Tied Solar Plant with Gross-Meter at Faridabad

Our esteemed customer Sh. Vijay Sharma resident of Sector-4B, Faridabad decided to go Solar in the best possible way that is with a Gross-Meter installed at site.

Now, what is this Gross-Meter?
An electricity metering facility available with the State Government Electricity Department(DISCOM) like UHBVN/DHBVN in Haryana, where all the Electricity generated by a Solar Power plant is fed into the Grid after a PPA(Power Purchase Agreement) is signed between the DISCOM and the Consumer for next 25 years. This helps the Customer to earn through the Solar Power starting from the first day of the Solar Power generation. The arrangement is the same like a Net-Meter, however the billing methodology changes.

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Also, Mr. Sharma secured a loan under Home Refurnishing for this particular project from SBI @9.25% p.a. before demonetization. The Customer will get 30% subsidy from HAREDA after site inspection as it is installed by a MNRE Channel Partner company i.e. Loyal Technologies Private Limited. Hence, this Solar Power Plant will pay for itself and then after around 5 years, all the electricity sent to the Grid will act as an Income for the customer. So, Green Energy earns for you.