Net metering


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Net metering

A method of crediting customers for electricity that they generate onsite in excess of their own electricity consumption. If customers generate more than they use in a billing period, their electric meter turns backwards to indicate their net excess generation. Depending on individual state or utility rules, the net excess generation may be credited to their account, or carried over to a future billing period.
References in periodicals archive ?
The reason for doing this is to incentivise distribution companies to start chasing their consumers with various product offerings that involve licences for net metering and solar rooftop panels.
AEDB Board met here with Federal Minister for Energy (Power Division) Awais Ahmad Khan Leghari and resolved to continue efforts for creating awareness amongst the masses on net metering in order to avail maximum benefit of renewable energy based net metering in the country.
It appreciated the fact that there had been a significant increase in installation of the net metering systems.
The Bahrain Unit for Sustainable Energy (SEU) a joint initiative of the United Nations Development Programme (UNDP) and the Electricity and Water Affairs Ministry, will detail the kingdom's strategy for energy efficiency and sustainability through net metering.
Presentations by Dr Khalid Burashid, senior technical advisor, SEU; and Alexander Al Samahiji, solar expert, SEU, will outline the billing mechanism that credits solar energy system owners for the electricity they add to the national grid, known as net metering.
The new regulations for residential PV is expected to enter into force in the first half of 2018, while other net metering rules for commercial and industrial solar energy systems are likely to be issued at a later stage, eventually by the end of the year.
The customers cannot take full benefit of the solar without proper installation and launch of the net Metering System.
Addressing the ceremony, Minister for Power Division Sardar Awais Leghari said the net metering framework has been simplified.
In terms of geographic concentration, most net metering customers are located in Metro Manila, accounting for 64 percent of the total in Meralco's franchise, followed by Cavite and Rizal.
To encourage the use of solar energy amid worsening energy crisis, Pakistan government has launched a new regulation for the solar power net metering system.
The battle is over rules for net metering, the industry term for the billing system utilities use to give credit for the electricity that home- and business-owned solar projects put onto the grid.
Provided you live in one of the states or territories with mandatory net metering policies--or one of the many more cities with even more advantageous policies--you can be fairly compensated for providing reliable, clean energy to your neighbors.