23 Dec 2020

What is net metering?

Net metering is a billing mechanism that credits solar energy system owners for the electricity they add to the grid. For example, if an industrial customer has a PV system on the shed for their factory, it may generate more electricity than the factory uses during daylight hours. If the factory is net-metered, the electricity meter will run backwards to provide a credit against what electricity is consumed at night or other periods when the works electricity use exceeds the system’s output. Customers are only billed for their “net” energy use.