Amendment status not verified — confirm the current text below against the official source.
(1) The distribution licensee shall take the meter reading of the'renewable energy system' regularly for each 'billing period' and record the readings of both the renewable energy meter and the net meter. (2) For each billing period, the distribution licensee shall make the following information available in its bill to the prosumer: (i) Time period wise (normal hours, peak hours and off-peak hours) Renewable energy generation recorded in the energy meter for the prosumer with connected load above 20 kW, and total generation from the RE system for the prosumers with connected load 'of and below 20kW'. (ii) Time period wise electricity consumption of the prosumer with connected load above 20 kW, and total consumption in the case of the prosumer with connected less than 20 kW. (iii) Net billed electricity, if any, for which payment is to be made by the prosumer; (iv) Excess energy brought forward from the last billing period; (v) Excess energy carried forward to the next billing period. (3) The energy accounting, banking and settlement of energy generated, drawn and injected by a prosumer with connected load of and below 20 kW shall be done as below; (i) The distribution licensee, during a billing period shall extend the facility to the prosumer having connected load of and below 20 kW under net metering arrangements, to draw back from the grid, the electricity injected during a time block at a different time period without any restriction. (ii) In case the electricity supplied by the distribution licensee during any billing period exceeds the electricity injected in to the grid by the prosumer from his renewable energy system, the distribution licensee shall raise a bill for the net electricity consumption at the prevailing tariff, after adjusting any excess electricity banked from the previous billing period; (iii) In case the electricity injected by the prosumer's renewable energy system exceeds the electricity consumed from the distribution licensee during the billing period, such excess energy shall be allowed to be banked and be carried forward to the next billing period as specified under Regulation 20(1) above. (4) Accounting and settlement of energy generated, drawn and injected by the prosumer having connected load above 20 kW; (i) The electricity injected from the renewable energy system in a time period during a billing period shall be first set off against the electricity consumed during the same time period. (ii) Any excess generation over consumption in that time period during the billing period shall thereafter be set-off against other time period, subject to the following. (a) 80% of the net energy injected in time periods other than peak hours, be allowed to adjust against peak hour consumption. (b) The net energy injected during peak hours shall be allowed to be adjusted 100% during the peak hour and the balance shall be allowed to be adjusted 120 % during other time blocks. (c) At all other time periods, except energy injection during peak hours, 100% of the net energy injected in any time periods will be allowed to adjust against the consumption, during the time period other than peak hours. (iii) Any excess generation during a billing period, after adjusting against the consumption during the same billing period as per clause (i) &(ii) above shall be banked and carried forward, to the next billing period as specified under Regulation-20(1) above. (iv) Such surplus energy carried forward to the next billing period after accounting for the banking charges specified therein shall be, accounted along with the renewable energy generation during the subsequent billing period, and the same shall be settled against the energy drawn in the subsequent billing period as per the procedures specified under clause (i) & (ii) above. (v) If the electricity injected into the system by the prosumer as measured in the net meter, is less than the total electricity drawn from the licensee, during any billing period, the licensee shall recover from such prosumer, the electricity charges at the rates applicable as per the tariff order issued by the Commission, for the net quantum of electricity drawn by him from the distribution system, after taking into account any balance electricity banked in the previous billing period. (5) The licensee shall pay to the prosumer for the net electricity balance in his account at the end of the settlement period, at the Average Power Purchase Cost (APPC) approved by the Commission; Provided that, in case of delay in payment of the net amount due to the prosumer beyond 30 days from the settlement date, the licensee shall pay interest to the prosumer at the FBIL rate +200 base points prevailing on 1st April of the settlement year. (6) The prosumer is exempted from the payment of transmission charges, wheeling charges, cross subsidy surcharges for the electricity generated and consumed at the same premises from the renewable energy system under net metering facility. (7) The quantum of electricity generated from the renewable energy system of the prosumer, shall qualify for accounting towards the Renewable Purchase Obligation (RPO) of the distribution licensee, as specified elsewhere in these Regulation.