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Solar Power for the president’s house.

Posted at May 7, 2012 | By : | Categories : latest news,News and Press Release | 0 Comment

In keeping with the Mahinda Chinthanaya initiative of generating 10% of the country’s electricity through renewable energy sources by 2016, a solar power system was established at the presidents house yesterday. The solar power supply to the presidents house was switched on by the president, which has a maximum capacity of 05 KW. The solar power that is generated will be utilized during the day, while the excess power generated will be added to the national network. However during the night power will be obtained from the national grid. Net metering enables customers to use their own generation from on-site renewable energy systems to offset their consumption over a billing period by allowing their electric meters to turn backwards when they generate electricity in excess of their demand, enabling customers to receive retail prices for the excess electricity they generate. The electrical engineer of the Lanka Electric Company Dr. Narendra Silva explained to the president how this system works. The new net metering system currently costs around Rs. 1.3 million to be installed, while it is expected to be available for households for much lesser in the near future. Among those who graced the occasion were the minister of power and energy Patali Champika Ranawaka, deputy minister Premalal Jayasekera, chairman of LECO Chandana Haputantri and other officials of the ministry and LECO.