AP govt to buy solar power from domestic consumers
The Andhra Pradesh government is set to buy power at the rate of Rs 3.50 per unit from domestic consumers who install solar units at their residences and generate power more than their individual requirement. The State government is hoping to lure residents to opt for solar power and is offering them monetary benefits.
The State government, Hit hard by severe power shortage, is mulling a policy that would allow individual consumers to sell their excess solar power to the State power grid. The cabinet sub-committee headed by Finance Minister Anam Ramnarayan Reddy has almost finalised the rate at which excess power generated at rooftops, terraces and balconies of individuals' houses, apartments and commercial complexes would be bought.
It would be around Rs 3.50 per unit. We will submit a report to chief minister Kiran Kumar Reddy in a week's time, a minister, who is a member of the sub-committee said. The current power crisis has opened a window of opportunity to encourage more people to reduce dependency on the state power grid.