Net Metering

About

Net metering is a policy that allows households and businesses to generate their own electricity, typically using renewable sources like solar or wind power, and sell any excess back to the grid. This process involves using a special meter that measures both the electricity consumed from the grid and the electricity produced by the customer's generation system. When the customer generates more electricity than they use, the excess is fed back into the grid, and the customer receives credits on their utility bill. These credits can be used to offset future energy bills, effectively reducing the amount of electricity purchased from the grid. Net metering provides several benefits, including reduced energy costs and increased energy independence. It is particularly advantageous for systems that produce more energy during certain times of the year, as the excess can be banked for use during periods of lower production. However, specific rules and regulations regarding net metering vary by state and utility provider.