Smart net metering models for smart grid in India

The advent of smart grid had revolutionized the power systems network. Demand side management and renewable energy integration requires new models and policies for implementing them. This paper explores seven different novel net metering models for renewable energy sources. The models have been discussed with a view of their suitability for different categories of customers in Indian market and suggestions for improvement in state-of-the-art technology and present policy & standards have been proposed.