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.
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Through net-metering and larger installations of solar panels, it is possible that these peak prices will be reduced, which will benefit me directly by allowing use of these pumps.
Lahore -- NEPRA has given its long awaited approval on Net-Metering regulations to encourage consumers to set up their own Photo-voltaic (PV) plants.
These limits, called net-metering caps, have stalled solar projects in National Grid territory across the state, from Florida to Fall River.
For example, the selected Independent Contractor may review: 1) alleged subsidies between non-net-metering customers and net-metering customers, or vice versa, 2) charges to net-metering customers for maintaining the grid, nationwide trends for net-metering rules, pending legislation, and Public Utility Commission decisions on distributed generation, and 3) distribution system decoupling/rate design.
An analysis from the American Public Power Association indicates that net-metering can result in consumer cost-shifting, since it's typically the more affluent who can afford to install rooftop solar, leaving middle- and low-income customers-including renters who are locked out of the subsidies--to foot the bill.
The scheme invited 5,000 applications for net-metering systems to be installed in homes, 2,000 of which related to low-income household installations, though only about 400 had applied.
Sources said the RE Policy 2006 allows consumers to avail features like Net-Metering and Wheeling of Energy which require interconnection with the grid.
We've been involved in net-metering fights across the country," she adds.
The launch of the project entitled "Smart net-metering for promotion and cost-efficient grid-integration of PV technology in Cyprus (SmartPV)[beaucoup plus grand que] was announced by the Photovoltaic Research Laboratory and the Energy Sustainability Unit of the University of Cyprus during a ceremony held at the offices of the Electricity Authority of Cyprus(EAC).
As energy analyst Robert Freehling notes, net-metering can put photovoltaics "in conflict with efficiency and conservation efforts" because it favors "energy hogs that use three or more times the 'baseline' amount of electricity.
The deal was made sweeter as the local utility, the Public Service Company of New Mexico (PNM), offers an enhanced net-metering program.
Net-metering policy has proven itself to be cost effective, sustainable and has encouraged common users to go for greener alternatives and become self sufficient when it comes to power generation.