TANGEDCO Proposes Cuts to Net-Metering Rates for Solar Customers
June 2, 2017
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The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has proposed adopting a revised accounting methodology to cut back on tariffs for the existing net-metering program in the state. TANGEDCO has cited various reasons for the cut, including recent record low tariffs and losses incurred in wheeling and banking of wind energy.