Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is grid intertie or net metering?

Grid intertie Metering NET
0
Posted

What is grid intertie or net metering?

0

If your utility allows it (by Federal law they have to), you can tie into the grid and “spin your meter backwards”. Keep in mind this requires specialized equipment that is UL rated and installed to NEC code plus accepted by the utility. Your wind or solar power system will power your home and any extra power not needed will be fed back into the grid. The utility will pay you for your extra power, usually at wholesale rates (or “avoided cost”) while you pay retail rates for what you use. Some progressive and generous utilities have programs called “net metering” that will pay you at retail prices, usually in a check or credit at the end of a year. Check with your utility to see if they will allow you to be grid intertied and the conditions they require you to meet.

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.