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Glossary Renewable energy / Term

Net Metering

A contractual arrangement that permits an electrical utility customer to turn their electric meter backwards and sell any excess power generated (over and above their usage requirement) back to the electrical grid to offset some, to all of their consumption. Depending on individual state or utility rules, the net excess generation may be credited to their account (in many cases at the retail price), carried over to a future billing period, or ignored.

Permanent link Net Metering - Creation date 2021-06-26


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