Evaluation of Net Metering for Solar Rooftop Systems

Abstract

Abstract: A bidirectional metre that can record both import and export energy values is utilized by net metering mechanisms. Using self-produced renewable energy and selling any surplus to the grid are the main goals of net metering. There is a decrease in electricity costs as a result. In net metering, solar photovoltaic systems are heavily utilised. The cleanest, most abundant, most environmentally friendly source of renewable energy is solar energy. In the interest of deciding whether net metering is feasible in India, the notion of net metering using a solar system and data analysis are studied in this research. The study also examines the annual savings in electricity and the viability of solar rooftop photovoltaic systems from an economic perspective. This paper's study examines various solar tracking system tracking mechanisms in detail. The two main categories of solar tracking systems are single axis trackers and dual axis trackers. A single axis tracker is an area near the equator where there is little variation in the sun's precise position. Dual axis trackers are designed for locations where the sun's movement is during the day from east to west, and during the seasons from east to north or south