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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The Bahrain Unit for Sustainable Energy (SEU), a joint initiative of the UNDP and the Ministry of Electricity and Water, will detail the kingdom's strategy for energy efficiency and sustainability through net-metering, said a statement.
ISLAMABAD -- Chief Executive Officer (CEO) of Islamabad Electric Supply Company (IESCO) Basit Zaman Thursday said around 100 net-metering connections of different tariff had been given to the customers so far.
K-Electric has set up a facilitation desk to receive applications from eligible residential, commercial and industrial customers interested in availing the Net-Metering facility.
KARACHI -- K-Electric has set up a facilitation desk to receive applications from eligible residential, commercial and industrial customers interested in availing Net-Metering facility.
ISLAMABAD -- Prime Minister Shahid Khaqan Abbasi Wednesday officially launched power consumer friendly net-metering framework.
LAHORE -- The Lahore Electric Supply Company (Lesco) has decided to provide 200 net-metering connections free of cost to those domestic consumers who seek to enter into the new era of solar power generation.
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Wednesday launched power consumer friendly net-metering framework, under which power consumers would be able to generate their own energy and sell the surplus to the national grid.
That's when state regulators heard arguments for and against letting utilities essentially pay less than their retail rate to net-metering customers--those whose solar panels put excess wattage onto the grid.
Net-metering customers refer to Arkansans who generate their own electricity via renewable energy systems like solar power.
The net-metering allows solar panel purchasers to sell power they produce to the national grid, helping Pakistan's government cut power shortages.
Thus, the net-metering customer is only charged or credited, as the case may be, the difference between its import energy and export energy.
The report also discusses the net-metering policy, and smart meter roll out in the countries.