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 ?
(33.) See California Public Utilities Commission, "California Net Energy Metering Ratepayer Impacts Evaluation."
(177.) California Net Energy Metering Ratepayer Impacts Evaluation, ENERGY + ENVTL.
Del Chiaro discussed CALSEIA's role in passing solar related legislation and the necessary steps to finalize the implementation of Assembly Bill 327, or Net Energy Metering (NEM) 2.0, the successor contract to NEM 1.0, that allows for a financial credit for solar power generated and fed back to the utility.
"Net Energy Metering laws make our projects feasible even if a customer's operation does not run 24 hours a day," Lewis said.
LSR# BILL# PRIME SPONSOR TITLE OR DESCRIPTION ENERGY 0090 HB365 Howard Moffett Increases the cap net energy metering limits for customer generators from 1 to 5 megawatts 0177 SB Jeb Bradley Increases the cap net energy metering limits for customer generators from 1 to 5 megawatts 0765 HB Lee Oxenham A tax on every ton of carbon equivalent fuel sold, used, or entered.
Assembly Bill (A.B.) 327, enacted in 2013, provides authority to the CPUC to adjust residential tariffs to address rate design and cost-shifting issues relating to net energy metering (NEM).
In a press release, the two organizations said they have "joined one another's membership to better lead New Hampshire forward on issues that include fair market rates for distributed generation, net energy metering, better competition, and increased consumer choice."