Mahama announces plans for net metering to allow businesses to sell excess solar power to national grid
President John Mahama says the government will soon introduce net metering to allow companies generating electricity from solar plants to feed excess power into the national grid and receive payment for it.
President John Mahama has revealed the government's intention to implement net metering legislation, enabling businesses that generate solar power to sell surplus electricity to the national grid and receive compensation for it. Addressing the opening of Northshore Apparel's facility in Savelugu, Mahama disclosed that the proposed system will permit companies like Northshore Apparel to transfer excess electricity produced by their solar installations into the national grid.
To accomplish this, a specialized meter will be installed to monitor the quantity of electricity supplied by and consumed by the business. Mahama clarified that if a company produces more electricity than required, the National Electricity Company Limited (NEDCO) will be obligated to pay the company for the surplus. Conversely, if a company consumes more electricity from the grid than it supplies, the company will be responsible for paying the difference to NEDCO.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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