Net metering is a crucial policy mechanism that enhances the value of rooftop solar systems. It allows solar owners to export excess electricity to the grid and receive credits that offset their consumption during non-generation hours.
During daylight hours, solar panels often generate more electricity than a household or business consumes. Net metering ensures this surplus is not wasted. Instead, it is fed into the grid, and the consumer’s electricity meter records the exported units.
These exported units are adjusted against imported electricity at night or during cloudy periods. As a result, the consumer pays only for the net electricity consumed, significantly reducing monthly bills.
Net metering also supports grid stability by promoting distributed generation. It encourages optimal utilization of renewable energy while reducing peak load on power plants.
For rooftop solar adopters, understanding net metering regulations is essential for maximizing financial returns. Clear policies and proper system design ensure long-term benefits and smoother grid integration.