net metering

Noun

Meaning

net metering (uncountable)

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

Source: en.wiktionary.org

Examples

Net metering makes energy cheaper for everyone by reducing the amount utilities have to purchase when demand is high. Source: Internet

Net metering programs give household systems a credit for any electricity they deliver to the grid. Source: Internet

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