Governments across the globe are motivating and encouraging people to adopt renewable energy. As more and more people are planning to go green, there are a few terms that need to be cleared and one of them is Net Metering
Model net metering regulation for rooftop solar is a system that provides solar energy owners credits for the power added to the grid. In case solar panels produce surplus power, that power is sent to the grid which can be ‘taken back’ when the solar plants are not working. When a unit of solar energy has been ‘net metered’, the bi-directional electricity meter will run backward. Customers are billed only for the ‘net’ energy use.
