What is NET METERING ?
As Lobel Solar Net metering is a billing mechanism that credits solar energy system owners for the electricity they add to the grid.
As Lobel Solar Net metering is a billing mechanism that credits solar energy system owners for the electricity they add to the grid.
Net metering allows residential and commercial customers who generate their own electricity from solar power to feed electricity they do not use back into the grid.
Let’s say that you have a solar Photovoltaic (PV) system installed in your home. That system is generating power, and that power is converted from direct current (DC) to alternating current (AC) via an string inverter or micro inverter so that it can be used throughout your home.
However, while you’re away from home; at work and the sun is strongest, not all the energy your home solar PV system generates is actually being used by your home, and this is where net metering comes into play.
However, while you’re away from home; at work and the sun is strongest, not all the energy your home solar PV system generates is actually being used by your home, and this is where net metering comes into play.
Benefits & Advantages of NET Metering
- Reduction in Energy Bill
- Become your own Energy Source
- Less Pay Back period
- Less Dependence on Utility Company
- Conservation of Nature – No Carbon fuels – No Green House Gases Emission
- No Maintenance– Hassel Free Power for next 15 years
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