Stage 1 : Ideation
Expanding access to power is critical to encouraging growth and reducing poverty. Currently, 1.4 billion people have no access to electricity, including 400 million Indians, most of whom live in rural areas. Small, decentralized energy projects, such as Husk Power System's biomass-fueled mini-power plants, will play an important role in providing universal access.
Energy, Biomass/BioFuel, Energy Efficiency and 1 MoreSEE ALL
Energy, Biomass/BioFuel, Energy Efficiency and Energy Service, Metering & Payment SystemsSEE LESS
Funds Raised to Date
To introduce metering for electricty that is currently billed at a flat monthly charge.
How does your innovation work?
This business model and the retail electricity sector as a whole will only be sustainable with reliable metering and collections. At present, up to 30% or more of the power produced in India is not billed, and aggregate losses for the commercial power sector as a whole have been as high as 1.5% of GOP.
Planned Goals and Milestones
The proposed project will introduce metering for electricity that is currently billed at a flat monthly charge. This change is intended to increase the reliability of collections and of power supply as a business model. The metering technology considered has broad potential applications across rural Asia and Africa.