Consumers May Soon Get To Buy & Sell Electricity Among Themselves

New Delhi: The govt is set to launch a facility that will allow consumers to directly buy and sell electricity among themselves, with the amount adjusted in their monthly power bills.

Peer-to-peer (P2P) energy trading under the India Energy Stack (IES) will enable electricity consumers and prosumers — consumers who also generate power through renewable sources such as rooftop solar — to trade surplus renewable energy directly with other consumers, including across state boundaries. The transactions will be facilitated through a trust-based digital framework to ensure a secure, verifiable and scalable P2P energy network.