What is Net-Metering & how does it work?
Net Metering allows your electric meter to go backwards when you are producing more electricity than you are using. Essentially, it indicates how much electricity you pulled from the grid rather than the amount of electricity that you used. Met Metering is a special metering and billing agreement between you and your utility or electric service provider (ESP). Normally your electric meter spins forward as it measures how many kilowatt-hours of electricity you buy, and is read by your utility provider once a month. A Net Metering agreement allows you to use the electricity you generate first, reducing what you would normally buy from your utility or ESP. If you generate more electricity that you use, the excess goes through your electric meter and into the grid, spinning your meter backward. Your meter shows the net amount, measured as the difference between the electricity you generate and the electricity you purchase from your utility or ESP.
