If any garment factory in Bangladesh installs a rooftop solar system to meet its power demand through a third party’s cost, its electricity tariff will be at least lowered by Tk 1.0 per kilowatt-hour, according to Rashedul Alam, assistant director of Sustainable and Renewable Energy Development Authority (SREDA), who recently urged units to opt for solar power.
If a factory sets up the system at its own cost, the tariff will be lower, Alam said at a workshop titled ‘Scaling Up Net Metered Rooftop Solar in Garments Industry’.If any garment factory in Bangladesh installs a rooftop solar system to meet its power demand through a third party's cost, its electricity tariff will be at least lowered by Tk 1.0 per kilowatt-hour, according to Rashedul Alam, assistant director of Sustainable and Renewable Energy Development Authority, who recently urged units to opt for solar power.#
The tariff of electricity will be maximum Tk7.50 per kilowatt-hour if a solar rooftop system with a 20-year lifetime is set up in a factory by a third party operator, taking a soft loan from financial institutions, Alam was quoted as saying by Bangla media reports.
The factories are now paying Tk 8.53 per unit at the industrial rate. If the factory owners set up the system on their own, the tariff will be Tk 3.10 per unit—less than half of the existing rate—Alam said.
Net metering allows electricity consumers to connect their rooftop solar system to the distribution grid and those making excess power with their solar panel systems can send it back to the grid.
The government recently introduced the net metering system (NMS) to encourage the use of green energy in industries under which the industry owners can sell their surplus or unconsumed electricity to the grid and adjust their monthly bills.
Bangladesh Garment Manufacturers and Exporters Association president Rubana Huq called on the government to simplify the loan process for the interested factory owners to encourage them to set up green energy system at their factories.
Fibre2Fashion News Desk (DS)
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