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1.2 mln Brazilian homes to be self-powered by 2024, report

Xinhua, March 8, 2016 Adjust font size:

Nearly 1.2 million homes in Brazil will have to generate their own energy from renewable sources by 2024, a report said Monday.

A study by the National Electric Energy Agency predicts that homes equipped with solar panels or mini wind turbines will be able to generate electricity for household consumption, and transfer any surplus to a local distribution center.

New norms regulating this new system, known as distributed energy or on-site generation (OSG), went into effect earlier this month, said Tiago Correia, director of the agency.

The new regulations allow a group of people to form a cooperative to generate green electricity and reduce their collective energy costs.

Consumers can also generate power at a different location from where they intend to use it, such as producing energy at a country house for use at an apartment in the city.

If the energy produced in a month exceeds the amount consumed, the customer will receive credits that can be used for next month's bill.

Between 2014 and 2016, the number of homes or sites across Brazil that joined the OSG system grew fourfold, going from 424 to 1,930, and officials expect that number to rise further in the future.

Some 90 percent of homes connected to the OSG system are solar powered. Endi