Workers install solar panels on rooftop of a residential house (Photo: VNA) HCM City (VNS/VNA) - The Sai Gon PowerCompany has signed net-metering contracts with households in districts 1 and 3that have rooftop solar power panels.
Contracts will be signed in other districts in future, the company, asubsidiary of the HCM City Power Corporation (EVNHCMC), has said.
Under a 2017 Prime Ministerial Decision on incentives for solar power projects,EVNHCMC has provided assistance and encouragement to people for installingsolar panels.
Lingering problems related to buying and selling solar power as well as tariffsseem to be solved thanks to a new circular to be issued next month by theMinistry of Trade and Industry, according to EVNHCMC.
It will buy electricity from households at 2,134 VND (0.09 USD) per kilowatthour.
The price will be fixed every year.
The payments will start in May and be done via their bank accounts.
As of now, 1,432 households with rooftop solar panels with a combined capacityof 17.46MWp have connected to the city grid.
At 2,134 VND/kWh, EVNHCMC will have to pay more than 8.5 billion VND (369,565USD) a month.
It seeks to increase the capacity to 50MWp to80MWp this year, Nguyen Ngoc Tuong Vi, acting head of its trade board,said.
More than 18,000 potential customers are likely to install solar panels.
Besides, according to the World Bank, there is potential to install 150-200MWof solar systems along the city’s highways.
EVNHCMC has promised to assist everyone who wants to install solar panels bysimplifying administrative procedures to connect to the grid and makingpayments in time for the power it buys.
It has called on banks, manufacturers and international and domesticorganisations to encourage more people to install solar panels.
Dang Ngoc Quoc Bao of EVNHCMC told Tuoi Tre (Youth) newspaper that beforeinstalling solar panels, people should contact the local office of the powerutility for assistance.
There is a fear that too many households in an area could install them whilethe cable network and transformer stations there are unable to handle them,leading to overloading, he said.
Nguyen Thanh Vinh who installed solar panels on his roof said he is happy to bepaid for power and the tariff is clear. His company also uses solar power, hesaid.
In the Central Highlands and central regions, 330 families have installed solarpanels with a total capacity of more than 2.1 MWp and connected to the grid,according to Vietnam Electricity's Central Power Corporation.-VNS/VNA
Contracts will be signed in other districts in future, the company, asubsidiary of the HCM City Power Corporation (EVNHCMC), has said.
Under a 2017 Prime Ministerial Decision on incentives for solar power projects,EVNHCMC has provided assistance and encouragement to people for installingsolar panels.
Lingering problems related to buying and selling solar power as well as tariffsseem to be solved thanks to a new circular to be issued next month by theMinistry of Trade and Industry, according to EVNHCMC.
It will buy electricity from households at 2,134 VND (0.09 USD) per kilowatthour.
The price will be fixed every year.
The payments will start in May and be done via their bank accounts.
As of now, 1,432 households with rooftop solar panels with a combined capacityof 17.46MWp have connected to the city grid.
At 2,134 VND/kWh, EVNHCMC will have to pay more than 8.5 billion VND (369,565USD) a month.
It seeks to increase the capacity to 50MWp to80MWp this year, Nguyen Ngoc Tuong Vi, acting head of its trade board,said.
More than 18,000 potential customers are likely to install solar panels.
Besides, according to the World Bank, there is potential to install 150-200MWof solar systems along the city’s highways.
EVNHCMC has promised to assist everyone who wants to install solar panels bysimplifying administrative procedures to connect to the grid and makingpayments in time for the power it buys.
It has called on banks, manufacturers and international and domesticorganisations to encourage more people to install solar panels.
Dang Ngoc Quoc Bao of EVNHCMC told Tuoi Tre (Youth) newspaper that beforeinstalling solar panels, people should contact the local office of the powerutility for assistance.
There is a fear that too many households in an area could install them whilethe cable network and transformer stations there are unable to handle them,leading to overloading, he said.
Nguyen Thanh Vinh who installed solar panels on his roof said he is happy to bepaid for power and the tariff is clear. His company also uses solar power, hesaid.
In the Central Highlands and central regions, 330 families have installed solarpanels with a total capacity of more than 2.1 MWp and connected to the grid,according to Vietnam Electricity's Central Power Corporation.-VNS/VNA
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