Net Metering – Meaning, Benefits, Cost & Application Guide
Net metering is an electricity billing mechanism that allows solar energy users to send excess power generated by their rooftop solar panels back to the utility grid and receive energy credits in return. These credits offset the electricity consumed from the grid, effectively lowering the user’s monthly bill. In simple terms, when your solar system produces more electricity than your home or business uses, the bidirectional meter tracks the exported energy. During times when solar […]
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