Karnataka Electricity Regulatory Commission (Implementation of Peer to Peer Solar Energy Transaction) Regulations, 2024

Aug 07, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Karnataka Electricity Regulatory Commission (KERC) on August 06, 2024, notified the Karnataka Electricity Regulatory Commission (Implementation of Peer to Peer Solar Energy Transaction) Regulations, 2024.

The following has been stated-

•These Regulations shall be applicable to all the Distribution Licensees and the Eligible Consumers in the State of Karnataka.

•These Regulations shall be read along with the KERC (Implementation of Solar Rooftop Photovoltaic Power Plants) Regulations, 2016 and all the other Orders on Solar energy, issued by this Commission from time to time.

•These Regulations shall apply to the Registered domestic consumers and SRTPV domestic Prosumers having net metering or gross metering arrangement, who opt to transact energy among themselves through online Platform of Service Provider(s). This includes multiple consumers and prosumers engaging in P2P transactions of energy.

•To participate on P2P platform, the P2P Prosumer / Consumer shall have to install post-paid smart meter/time of the day(TOD) compliant energy meter as per the Standards specified by the CEA. The Service Provider shall utilise the data of the Distribution Licensee's meters through MDM to capture P2P transactions for the purposes of billing and also to reconcile the schedule transactions with the actual transactions on P2P platform.

[Notification No. S/03/1/560]


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