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Net Metering: Type, Working and Benefits
Solar energy is not only about generating clean electricity but also about understanding how it interacts with the power grid. Solar metering plays a pivotal role in this synergy, allowing homeowners to monitor their electricity generation and consumption. In this blog, we will explore the different types of solar metering and provide a detailed explanation of one of the most popular options: net metering.
Types of Solar Metering
Solar metering comes in various forms, each serving a distinct purpose. The primary types of solar metering are:
Net Metering
This is the most common type of solar metering. It allows you to track the electricity flow between your solar system and the grid using a bi-directional meter. When your panels produce more electricity the extra power goes back to the grid. When you use more electricity than your panels produce, you can import electricity from the grid. During periods of high electricity consumption like evenings, you can draw electricity from the grid to use in your home. At the end of the month, you get billed for the difference between your import and export.
Gross Metering
Under gross metering, all the electricity generated by your solar panels goes directly to the grid, and you get paid for it. You still have to buy the electricity you need from the grid but at a separate rate. This method is less common but is used in some regions.
Virtual Net Metering (VNM)
Virtual Net Metering (VNM) is a way of sharing energy. It lets several people or places benefit from one renewable energy system, like solar panels. This is helpful for buildings or homes that can’t set up their own solar panels because of space, cost, or rules.
How Net Metering Works?
To understand how net metering works, consider a sunny day when your solar panels generate more electricity than you consume. The extra energy is sent to the grid. Later, during the night or on cloudy days when your solar production is lower, you draw electricity from the grid. The surplus energy generated by your solar panel system will compensate for the cost, resulting in savings.
Conclusion
In conclusion, net metering is a valuable system that empowers homeowners to harness the full potential of their solar panels. It not only reduces electricity bills but also contributes to a sustainable and energy-efficient lifestyle. If you are considering solar power for your home, exploring net metering is a smart choice that benefits both your wallet and the environment.
Ready to harness the full potential of solar power?
At Zircle, we offer cutting-edge solar systems that seamlessly integrate with net metering policies, helping you reduce your bills and contribute to a greener planet.
Contact Zircle today for a free consultation and start saving with solar energy!
