Net metering

(redirected from Net meter)

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 ?
Under the GNM, the surplus electricity exported into the grid through a net meter will be adjusted with other service connections of the same consumer in the same DISCOM area.
Senator Maggie Hassan introduced the National Evaluation of Techniques for Making Energy Technologies more Effective and Resilient (NET METER) Act to create a national study on net metering to guide states interested in starting a net metering program or expanding an existing program.
To net meter, you'll use your existing energy meter to track the number of kilowatt-hours (kWh) you send back into the power grid.
A graph of net benefit Vs the net meter tariff (Fig 3) depicts earnings from the system at a cost of electricity above Rs 12.66/unit.
In that situation, the cooperative could agree to adopt a limited net metering program restricted to that number of small units, and could decline to net meter any larger number of generators or any larger generators.
The argument centered on purported cost-shifting from those customers who would net meter to those customers who would not.
Matters pertaining to net meter installation were also deliberated during the meeting and admired the significant rise in their installation since the PM launched the scheme earlier this month.
It noted again that it has been allowing its members to net meter for a number of years.
Tenders are invited for Singlephase10(60)a static net meters,poly phase 50(100)amps static energy net meters,poly phase-/5(6)amps lvcto static energy net meter,a.
A net meter tracks both the electricity consumed and the electricity generated by the on-site solar system.
Shortly after Iesco's announcement, I reached out to the company and requested that a net meter be installed for I was already using a 5kVa solar setup at my residence.
'An owner' sounds fairly clear, but hundreds of years of common law suggest that a lease conveys an ownership interest - only a possessory ownership interest - but is that enough to allow a lessee to lease solar power equipment for a long time and net meter? We think so."