net metering

Net metering is a billing method that allows individuals or businesses with solar panels or other renewable energy sources to feed excess electricity they generate back into the utility grid. When your system produces more power than you use, the extra is credited to your account, reducing future electricity bills. If you need more power later, you can draw from the grid, effectively balancing what you send out and take in. This process encourages renewable energy use by providing financial benefits and promotes a greener, more sustainable energy system.