White Paper - Net Metering
Net metering is a simplified way of metering the energy consumed or produced by a home or business that produces on-site energy. Federal law mandates that utilities purchase energy produced by on-site systems. Under net metering, when a home or business produces more energy than they use, their electric meter literally spins backwards and they receive credit for energy production. At the end of the month, the net bill is determined by the net amount of energy used at the home or business. In some cases, the utility will owe money to their energy producing customer. See complete paper.
Links: