Definitions for net metering
net me·ter·ing

WiktionaryRate this definition:0.0 / 0 votes

1. net meteringnoun

   The practice by utilities of auditing wattage created by renewable resources and using any excess green power created towards one's bill.

WikipediaRate this definition:0.0 / 0 votes

1. Net metering

   Net metering (or net energy metering, NEM) is an electricity billing mechanism that allows consumers who generate some or all of their own electricity to use that electricity anytime, instead of when it is generated. This is particularly important with renewable energy sources like wind and solar, which are non-dispatchable (when not coupled to storage). Monthly net metering allows consumers to use solar power generated during the day at night, or wind from a windy day later in the month. Annual net metering rolls over a net kilowatt-hour (kWh) credit to the following month, allowing solar power that was generated in July to be used in December, or wind power from March in August. Net metering policies can vary significantly by country and by state or province: if net metering is available, if and how long banked credits can be retained, and how much the credits are worth (retail/wholesale). Most net metering laws involve monthly rollover of kWh credits, a small monthly connection fee, require a monthly payment of deficits (i.e. normal electric bill), and annual settlement of any residual credit. Net metering uses a single, bi-directional meter and can measure the current flowing in two directions. Net metering can be implemented solely as an accounting procedure, and requires no special metering, or even any prior arrangement or notification.Net metering is an enabling policy designed to foster private investment in renewable energy.

WikidataRate this definition:0.0 / 0 votes

1. Net metering

   Net metering is an electricity policy for consumers who own renewable energy facilities or V2G electric vehicles. "Net", in this context, is used in the sense of meaning "what remains after deductions" — in this case, the deduction of any energy outflows from metered energy inflows. Under net metering, a system owner receives retail credit for at least a portion of the electricity they generate. Most electricity meters accurately record in both directions, allowing a no-cost method of effectively banking excess electricity production for future credit. However, the rules vary significantly by country and possibly state/province: if net metering is available, if and how long you can keep your banked credits, and how much the credits are worth. Most net metering laws involve monthly roll over of kWh credits, a small monthly connection fee, require monthly payment of deficits, and annual settlement of any residual credit. Unlike a feed-in tariff or time of use metering, net metering can be implemented solely as an accounting procedure, and requires no special metering, or even any prior arrangement or notification.

How to pronounce net metering?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say net metering in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of net metering in Chaldean Numerology is: 7

2. Pythagorean Numerology

   The numerical value of net metering in Pythagorean Numerology is: 4

Examples of net metering in a Sentence

1. Safeer Hussain:

   Net-metering is a sophisticated system and the applicant would be responsible for the installation of the equipment used for interconnection.

References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Net_Metering
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Net_Metering
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=net metering