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Solar net-metering economics in Bangladesh: sizing against daytime load and what the export credit is really worth

Net-metering pays you two different rates without saying so. This is how the credit works against an industrial bill in Bangladesh, how to size a plant to your daytime load rather than your roof, and what changes when your consumption profile moves.

Bangladesh imports a meaningful share of its primary energy and the industrial tariff for medium-voltage consumers has steadily climbed since 2022. For mills, hospitals and universities with a usable roof, an on-grid net-metering solar system is now the most reliable way to lock in electricity costs for the next 25 years. What decides whether a particular plant earns well is not the technology, which is settled, but the fit between the generation curve and the site's own load curve.

What net-metering actually is

Under the Net Metering Guidelines 2025 (Power Division, administered by SREDA), eligible consumers, both single-phase and three-phase, can install rooftop solar of up to 100% of their sanctioned load (80% of transformer capacity for MV consumers) and feed surplus generation back into the grid. The utility nets imported and exported energy on the bill, and any surplus at the end of the financial year is settled at the prevailing BERC bulk-purchase rate. The customer keeps a single bi-directional meter and the same connection. No separate licence is required.

The credit is worth less than the unit you never buy

This is where most first proposals go wrong. A kWh your machinery consumes at the moment the panels produce it is a kWh you do not buy, so it is worth your full retail industrial tariff. A kWh exported because nothing on site was running is netted against a future import, and whatever remains unused at the end of the financial year is settled at the bulk-purchase rate, which is not the retail rate you pay.

Net-metering therefore pays two different prices, and the ratio between them is set by your own load pattern, not by the equipment. Two plants of identical capacity generate the same kWh per kWp and return different money. Ask any EPC contractor quoting you to show the expected split between self-consumed and exported energy, month by month, and to state which tariff each half was valued at. If they cannot produce that, the savings figure in the proposal is a guess.

Demand charges behave differently again. They follow your maximum demand, not your energy total, so solar reduces the energy line reliably and the demand line only when generation is strong at the moment your demand peaks. A mill whose peak is set by a morning compressor start on an overcast day sees the energy line fall and the demand line barely move.

Sizing rule of thumb for Bangladesh

Bangladesh's mid-latitude climate produces roughly 105 kWh per kWp per month on a well-oriented south-facing tilt, with monocrystalline modules from Tier-1 OEMs. A clean rule of thumb: every 1,000 sq ft of usable, shadow-free roof can host about 13 kWp of PV. The table below shows how that scales for typical Bangladesh facilities.

Facility typeUsable roofPlant sizeYearly generationYearly bill saving (BDT 10/kWh)
Garments factory60,000 sq ft780 kWp9,82,800 kWhBDT 98,28,000
Jute / textile mill45,000 sq ft585 kWp7,37,100 kWhBDT 73,71,000
Tertiary hospital30,000 sq ft390 kWp4,91,400 kWhBDT 49,14,000
University block20,000 sq ft260 kWp3,27,600 kWhBDT 32,76,000
Cold-storage shed100,000 sq ft1,300 kWp16,38,000 kWhBDT 1,63,80,000

These are first-pass numbers. The real design must account for sanctioned load, transformer rating, roof orientation, shading, structural capacity (PSC vs corrugated metal), and the local utility's transformer headroom. Vvon's engineers run a full SLD plus structural and shadow analysis before quoting capacity.

Note which constraint usually binds. The regulatory ceiling is frequently below what either the roof or the load would justify, so if your sanctioned load sits under your connected load, a load revision may raise the approvable capacity and is worth pursuing before you design.

Size against the load curve, not the roof

The roof gives you a ceiling. The load curve gives you the answer. Take twelve months of bills, get daytime consumption between roughly 9am and 4pm from your energy meter or a temporary logger, and compare it against the generation profile of the proposed array. Facility types behave very differently once you do.

A mosque with five prayer-time peaks, or an office block with an evening-weighted load, is the mirror image of a cold store: generation and consumption barely overlap, nearly everything is exported, and the return leans entirely on the settlement rate. Solar can still make sense there, but nobody should be shown a savings figure built on retail-tariff arithmetic.

What the payback actually looks like

On a typical industrial rooftop project in Bangladesh, the levelised cost of solar electricity is now well below the medium-voltage industrial tariff. The two flagship case studies Vvon engineered in the last three years illustrate the range:

Case studyCapacityYearly generationYearly savingROICO₂ reduction
Akij Agro Feed Ltd. (Narayanganj)1,503 KWp18,96,660 kWhBDT 2,01,04,500≈ 3.5 years1,150 t / yr
Ahad Jute Mills Ltd. (Jashore)575 KWp7,31,500 kWhBDT 77,54,000≈ 4 years445 t / yr

Both are continuous-process industrial sites with strong daytime load, which is why they sit at the good end of the range. Beyond payback, the residual life of a Tier-1 PV plant is 25 to 30 years, meaning roughly two decades of effectively free electricity once the capital is recovered. That is why net-metering has become the default capex decision for Bangladesh's larger industrial groups. Treat any payback figure, including these, as the output of assumptions: the three that move it most are your current tariff, the share of generation you consume on site, and the tariff path over the next decade.

What changes if your consumption profile shifts

A plant is a 25-year asset installed against a snapshot of how your business ran last year.

Change at the siteEffect on net-metering valueDesign response
Second or third shift addedNew load is at night, so solar offsets a smaller share of a bigger billBe clear that solar addresses the daytime portion only
Line electrified or expandedDaytime load rises, more output self-consumed at retail tariffRecheck sanctioned load and transformer headroom
Line shut down or output cutExports rise, average value per kWh drops toward the settlement rateDo not size to the ceiling where order books are volatile
Generator replaced by grid supplyGrid consumption rises, self-consumption improvesConfirm inverter behaviour while running on generator
Site relocates or the lease endsThe asset sits on a roof you no longer occupyMatch tenure to payback; price relocation into the contract
New block built next doorPermanent shading across part of the arrayDesign a shading margin; keep the layout able to be restrung

The last row is the one that catches people. Shading creep is the most common quiet loss on Bangladeshi urban roofs: a neighbouring building goes up two storeys higher, or your own water tank is relocated, and one string underperforms for years while total generation still looks broadly right. String-level monitoring is what catches it.

The approval sequence in outline

  1. Feasibility and sizing study: roof survey, structural load check, shadow analysis, single-line diagram (SLD).
  2. Customer signs the SREDA-format application form and submits it to the relevant utility (DPDC, DESCO, BPDB, REB or NESCO) with the SLD and equipment datasheets.
  3. The utility's technical committee inspects the site and approves in principle.
  4. The EPC contractor procures Tier-1 modules, inverters and balance of system, and completes the installation.
  5. The utility installs a bi-directional meter and conducts a commissioning test.
  6. Net-metering agreement signed; export and import accounting begins from the next billing cycle.

Commercial terms that decide whether the maths hold

How Vvon delivers

Vvon Technologies Limited has commissioned over 7 MWp of industrial rooftop solar across Bangladesh, including the 1,503 KWp Akij Agro Feed plant in Narayanganj and the 575 KWp Ahad Jute Mills plant in Jashore. We are an EPC contractor working from Baridhara, Dhaka: we engineer, procure, build, commission and maintain complete plants rather than selling components. Equipment specified into our projects comes from Tier-1 makes including Jinko Solar, Canadian Solar, JA Solar, Sunways, Huawei, Growatt, Solis and Schneider Electric, chosen per project on yield, warranty and service reach inside Bangladesh.

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