RERC Draft Solar Tariff Policy for FY 2016-17
Rajasthan Electricity Regulatory Commission(RERC) recently proposed a levelized tariff under a draft regulation (RERC Terms & Conditions for Determination of Tariff for Renewable Energy Sources Regulations, 2016) issued for Solar power generators of the state. The brief summary of the proposed draft is as below:
The graph below depicts the change in the tariff from the past year:
RERC has invited the comments and suggestions by 13th September 2016 on the same. The tariff proposed for FY 16-17 is much lower than the tariff of previous year in case of both Solar PV and Rooftop Solar PV, and in case of Solar Thermal Power Plants. It can be said that the reason behind the reduction in the tariff of Solar PV is because of decreasing prices of Solar PV cells and overall project execution cost.
The regulation can be accessed here.