These days, when the world is switching to sustainable and environmentally friendly practices, terms like "green meter," "net billing," and "net metering" are often heard. But what are they? The Multan Electric Power Company (MEPCO) has also taken a similar step, and here we will provide you all the necessary information related to the MEPCO Green Meter. From the difference between net metering and net billing to MEPCO bill unit prices and its policies and application process, all can be found in one place.
Reduce Your Electricity Bill with MEPCO Green Meter
A MEPCO green meter is a bidirectional meter that tracks and provides real-time information about both consumed and exported electricity. Exported electricity refers to the selling of surplus energy generated by your solar systems to the national grid. This transaction can earn you credits, reduced electricity bills, and sometimes monetary benefits depending on net metering and net billing. This is why it is essential to know the difference between both.
Net Metering vs. Net Billing in Pakistan
While the terms "net metering" and "net billing" are often used interchangeably, their meanings are different. Here are the key differences to help you choose the one that suits you:
|
|
Net Metering |
Net Billing |
|
Purchase system at |
Wholesale prices |
Retail prices |
|
How does it work? |
Earn credits for every excess unit exported to the grid |
Sell surplus electricity to the grid |
|
Selling Rate |
Kilowatt-hour (kWh) credits |
Pre-set rate per unit (lower than what you would pay as a consumer) |
|
Benefit |
•
Use the same number of excess units when needed
•
Hold these credits long enough to convert into cash later |
•
Get monetary benefit
•
Have it adjusted in the next bill |
MEPCO Green Meter Unit Price
The current MEPCO green meter unit price, according to NEPRA, is Rs. 19.32 per kilowatt-hour (kWh). This is the rate at which the national grid purchases surplus energy from the consumers under net billing.
MEPCO Green Meter Peak Hours
Electricity prices vary depending on peak and off-peak hours. MEPCO green meter peak hours is a duration every day, usually in the evenings, when MEPCO applies Time of Use (TOU) tariffs. It means that consumption during these hours is charged more than usual, and saving energy can help reduce grid load.
MEPCO Green Meter Application
For MEPCO green meter application, following a few steps is necessary. The steps include:
- Contacting the MEPCO helpline or visiting your nearest local service center for application assistance
- Preparing necessary documents such as a CNIC copy, the latest paid bill, the inverter serial number and datasheet, the solar panel datasheet, the system layout diagram, the AEBD-approved invoice of the installer’s company, and a Rs. 50–100 affidavit
- Submitting application along with required documents and undertaking
- Allowing site visits and inspections
- Paying the installation fee
- Meter installation and activation
MEPCO Green Meter Policy
MEPCO green meter policy is standardized by NEPRA’s 2015 net metering policy. As per this policy, consumers must abide by the following requirements to adopt this system:
- Must have a solar system between 1 kW and 1 MW.
- Must have a three-phase connection
- Must follow technical and safety standards
- Must allow complete inspection of the site
- Must have a clean billing history
MEPCO Green Meter Bill Calculator
The MEPCO green meter bill calculator is an online tool that helps you estimate how much you have saved by exporting excess energy and how much you need to pay for the extra energy you have consumed each month. For an estimated MEPCO green meter bill check online; you just need to enter a few details, such as your consumed units during peak and off-peak hours and exported units, to be able to see an estimate.