Amendment status not verified — confirm the current text below against the official source.
(1) 5% of the energy injected into the grid of the transmission and/or the distribution licensee shall be accounted towards 'grid support charges'and the balance 95% shall be treated as net energy. (2) If the net energy during a time period (normal hours, peak hours and off-peak hours) in a billing period is fully consumed by the captive consumer during the same time period (normal hours, peak hours and off-peak hours) in that billing period itself, for such quantum of renewable energy, the prosumer is exempted from the payment of transmission charges, wheeling charges and, losses in transmission system and distribution system approved by the Commission. (3) The prosumer is permitted to account the renewable energy injected in a time period (normal hours, peak hours and off-peak hours) during the billing period, against the consumption in a different time period during the same billing period, subject to the following conditions,- (i) 80% of the net energy injected in time periods other than peak hours, be allowed to be adjusted against peak hour consumption. (ii) 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 at 120% during other time blocks. (iii) 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 be adjusted against the consumption, during the time period other than peak hours. (4) The excess energy, if any, available at the end of the billing period is allowed to be banked and carried forward to the subsequent billing period of the settlement period, subject to the following,- (i) 95% of the energy so banked only will be allowed to be adjusted in the subsequent billing period of the settlement period and 5% of the banked energy shall be accounted towards banking charges of the distribution licensee. (ii) Time period wise adjustment of the energy generated in a time period and accounted against the consumption in different time period during the billing period shall be followed as detailed under clause (3) above. Note: The 5% banking charges on the energy banked at the end of billing period shall not be cumulative, i.e., once 5% energy is deducted as banking charges during a billing period, no further banking charges will be applicable for this excess energy, if any arising out of such banked quantum of energy in the subsequent billing periods. Clarification: For example, in the month of April, 50000 units is the surplus energy with the prosumer after making the adjustments as detailed under Sub Regulation (3) above. The energy banked in the month of April after accounting for banking charges shall be (50000x0.95) 47500 units. Thereafter in the month of May, 20000 units is the surplus energy with the prosumer after making the adjustments as detailed under Sub Regulation (3) above. Here the energy banked in the month of May shall be (20000x 0.95) 19000 units, and the total energy so banked at the prosumer account at the end of the month May shall be 47500+19000 = 66500 unit. (5) The licensee shall pay, within one month, for the net surplus energy available at the credit of the prosumer at the end of the settlement period as per sub Regulation (4) above, at the Average Pooled Power Purchase Cost (APPC) of the licensee approved by the Commission, from time to time. (6) The prosumer, who installed the Renewable Energy System at the same premise is exempted from the payment of transmission charges, wheeling charges, transmission losses and distribution loss for the quantum of energy generated from the RE plant and adjusted against his consumption during the settlement period, in the same premises. (7) The quantum of energy generated from the Renewable Energy System by a prosumer at his premise after meeting his renewable purchase obligation, if any, shall be permitted to be accounted towards the RPO of the distribution licensee, in accordance with the REC Regulations and its amendments from time to time.