RIYADH: The Saudi Electricity Co. (SEC) will pay citizens money if their solar panels produce energy that exceeds their household consumption per year, Dr. Abdullah Al-Shehri, governor of the Electricity and Co-Generation Regulatory Authority, said Friday.
The budget for the compensation has not been determined yet, he added.
If the energy produced by solar panels exceeds household consumption in a given month, the exceeded energy will be saved for the following month; the householder will not get any money unless production exceeds consumption for a year, he said.
Al-Shehri predicted that the production capacity of renewable energy will reach 9.5 GW by 2023.
He said the SEC should provide training programs for solar energy contractors.
Saudi Electricity Company to pay Saudis for excess solar energy production
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