What are the benefits of Net-Metering?
Applying for Net-Metering ensures that your solar installation is compatible with the power grid, that it does not endanger yourself or others, and that it can be properly monitored to make sure you get the maximum value and savings from your investment. That's Meralco's 3S of Solar Energy.
SAFETY
Complies with safety standards & regulations
STABILITY
Stable, to avoid dangerous fluctuations 8, power interruptions
SUSTAINABLE
Accurately credits to your bill the excess energy exported to the Meralco grid to generate savings
Under the Net-Metering program, a bi-directional meter is installed that would capture both your import & export energies.
In compliance with the Amended Net-Metering Rules*, a Renewable Energy Certificate (REC)** meter will also be installed to measure the gross electricity generation from the RE system. The readings from the REC meter will be used as a basis for the computation of subsidies, discounts and for compliance with the Renewable Portfolio Standards (RPS).
*Amendments to the Rules Enabling the Net-Metering Program for Renewable Energy (“Amended NM Rules” ) in ERC Resolution No. 06, Series of 2019, which took effect on 26 October 2019.
**A separate set of standards will be provided by Meralco in line with the amended rules and subsequent clarifications provided by the Energy Regulatory Commission (ERC). (Annex A – 3 of Resolution No. 05, Series of 2020)