Domestic solar systems are used to generate electricity to equate the amount of energy used during 24X30 monthly cycle. However, since the electricity generation through solar panels is limited to sunlight hours (and day light hours to a limited extent) the 24-hour requirement needs to be generated during this time frame, usually computed between 5 and 8 hours per day.
Sri Lanka has now introduced a ‘Net Pay’ Scheme, where domestic consumers can now benefit from the extra electricity generated, where the Ceylon Electricity Board (or LECO) will pay at the rate of Rs. 22/= per unit for the first 7 years and Rs 15.50 thereafter.
Like domestic solar systems, commercial entities too can benefit from the generation and supply of energy to the National grid thereby having their energy cost reduced and contribute to a sustainable energy future of the planet. As savvy consumers increasingly look toward conducting their business in an environmentally conscientious manner, they are likely to look for commercial enterprises that reflect their passion for sustainability.
Commercial entities too can benefit from the 'Net Pay' scheme where they are paid for the extra electricity generated and supplied to the National Grid.
Large scale solar generation plants can supply to the National grid to generate revenue. This require a power purchase agreement with the Ceylon Electricity Board along with other approvals.
Helio Energy, along with its international partners can design and develop industrial scale solar power generation systems to the specifications given by the authorities.