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What is Net Metering?

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AkeenaSolar

Lvl 1
16y ago
Updated: 10/17/2024

The grid connected rooftop system can work on net metering basis wherein the beneficiary pays to the utility on net meter reading basis only. Alternatively two meters can also be installed to major the export and import of power separately. The mechanism based on gross metering at mutually agreed tariff can also be adopted.

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How does net metering impact an electric consumer?

Net metering allows electric consumers with renewable energy systems, such as solar panels, to receive credits for excess energy they generate and send back to the grid. This can result in lower electricity bills as consumers can offset the cost of the electricity they consume with the credits they earn. Net metering can also provide an incentive for consumers to invest in renewable energy systems.


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What is different of fiscal metering and custody transfer metering?

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