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New billing systems for prosumers likely to come into force from October 1
New billing systems for prosumers likely to come into force from October 1

The Hindu

time3 days ago

  • Business
  • The Hindu

New billing systems for prosumers likely to come into force from October 1

The Kerala State Electricity Regulatory Commission (KSERC) is hoping to introduce new billing systems proposed under its new renewable energy regulations, the draft of which is now out, from October 1, Commission chairperson T.K. Jose said on Wednesday. As per the draft KSERC (Renewable Energy and Related Matters) Regulations, 2025, the average pooled power purchase cost (APPC) rate for existing prosumers under the net metering system (NMS) is pegged at ₹3.08 per unit. The feed-in-tariffs for solar and wind prosumers have been proposed as ₹2.09 and ₹2.08 respectively. All prosumers billed under agriculture, domestic and industrial tariffs are eligible to opt for NMS. Under the net billing system (NBS), the feed-in-tariffs for solar and wind prosumers have been proposed as ₹2.79 and ₹3.82. Under the gross metering system (GMS), these have been proposed as ₹3.48 and ₹4.78 respectively. All prosumers are eligible to opt for either of the two billing systems. Draft regulations The Commission had published the draft regulations, which places emphasis on promoting energy storage mechanisms, on its website on May 30. The new regulations are meant for a 'control period' of five years from 2025-26 to 2029-30. Mr. Jose said the panel will finalise the regulations after hearing all stakeholders. The schedule of the public hearing is yet to be finalised. The Commission described the new regulations as forward-looking and designed to accommodate the requirements of the State's rapidly transforming renewable energy sector. They are is also meant to open up new opportunities for prosumers with concepts such as peer-to-peer trading, virtual power plants and vehicle-to-grid integration, according to the Commission. 'Timely revision' 'The new regulations are meant as a timely revision of the earlier regulations which expired in March 2025,' Mr. Jose said. Commission member B. Pradeep said the draft regulations are designed to enable an equitable transition and cost sharing in the State's energy sector.

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