Project owner's name :
Mr Gaorekwe Katlo Fabio
Mr Gaorekwe Katlo Fabio
Country of deployment for the project :
Botswana
Botswana
Sector :
Energy
Energy
What problem does your company want to solve? :
Energy Saving Costs, Encouraging Renewable Energy, Carbon Emission Reduction, Energy Independence.
Energy Saving Costs, Encouraging Renewable Energy, Carbon Emission Reduction, Energy Independence.
What solution does your company provide? :
Net-Metering
Net-Metering
Describe your project :
A system that allows homes to harness the power of the sun using batteries, solar panels, and some means of energy conversion to store in batteries in people's homes, or commercial areas, and then when the batteries are full, the panels continue to convert energy and feed the grid, thus creating, some form of revenue for those with this solution. Net metering is a billing mechanism that basically credits solar energy system owners for the electricity they add to the grid. For example, if a residential customer has a photovoltaic system on their roof, it may generate more electricity than the home uses during daylight hours. If the home is net-metered, the electricity meter will run backward to provide a credit against the electricity that is consumed at night or other periods when the home's electricity use exceeds the system's output. In addition to reducing energy costs and carbon emissions, net metering also promotes energy independence and grid stability. By producing energy locally, homes can reduce transmission losses and alleviate pressure on the grid. This distributed generation model enhances the overall resilience and reliability of the power system. In essence the project brings about a solution that allows for both the owners and the electrical grid itself to benefit.
A system that allows homes to harness the power of the sun using batteries, solar panels, and some means of energy conversion to store in batteries in people's homes, or commercial areas, and then when the batteries are full, the panels continue to convert energy and feed the grid, thus creating, some form of revenue for those with this solution. Net metering is a billing mechanism that basically credits solar energy system owners for the electricity they add to the grid. For example, if a residential customer has a photovoltaic system on their roof, it may generate more electricity than the home uses during daylight hours. If the home is net-metered, the electricity meter will run backward to provide a credit against the electricity that is consumed at night or other periods when the home's electricity use exceeds the system's output. In addition to reducing energy costs and carbon emissions, net metering also promotes energy independence and grid stability. By producing energy locally, homes can reduce transmission losses and alleviate pressure on the grid. This distributed generation model enhances the overall resilience and reliability of the power system. In essence the project brings about a solution that allows for both the owners and the electrical grid itself to benefit.