Davit Narmania, Chairman of the Georgian National Energy and Water Supply Regulatory Commission addressed the forum on energy issues, discussing net metering regulations in Georgia. The event, taking place in Tbilisi on October 3-4, brings together representatives from various companies and international organizations involved in the energy sector.
During the session of the forum – “Development of Renewable Energy and Market Dynamics” the GNERC Chairman discussed ongoing reforms in Georgia"s energy sector, the advancement of renewable energy sources, and the supportive regulations established by GNERC.
According to Davit Narmania, recent data reveals that 1,491 micro-power plants, with a combined installed capacity of 103 megawatts, are now part of the net metering system.
GNERC introduced net metering regulations in 2016. Since then, the installed capacity of micro-power plants has increased up to 500 kW, and new practices such as billing for consumed and generated kWh and the implementation of the virtual consumer principle have been established. Under GNERC regulations, net metering is not considered a business activity, and income from surplus sales is exempt from income tax.