Net Metering
Net Metering is a billing mechanism that allows residential and commercial customers who generate their own electricity using renewable energy sources, such as solar panels or wind turbines, to feed surplus energy back into the grid. When these customer-generators produce more electricity than they use, the excess power is sent to the utility grid, and they receive credits that can be applied to their future energy bills.
This process ensures that customers effectively “store” their excess energy in the grid and retrieve it when their energy production is lower than their consumption. Net Metering not only promotes the adoption of clean, renewable energy sources but also enhances grid stability and reduces the need for fossil-fuel-based power generation. By incentivizing local energy production, it accelerates the transition toward a sustainable and green economy.
Through Net Metering, users benefit economically while contributing to a lower-carbon future. It supports energy independence, reduces energy costs, and mitigates environmental impacts by leveraging the natural, renewable potential around us.