Net Energy Metering
What is Net Energy Metering?
Net energy metering is defined as the process of netting a customer’s electric consumption against the customer’s electric generation at a defined frequency (e.g., every 15‐minutes, every hour, etc.). Essentially, this rate program allows residential and small commercial customers with DER systems less than 10kW-DC and interconnection agreement to sell the excess energy generated by their DER system (in excess of their consumption) at the rate identified in the program. Typically, this allows for lower monthly costs.
Use the Consumption Details on the back of the bill. Subtract the amount of the Received from the Renewable Generated consumption. Add that to the amount purchased from the utility (volumetric).
Example: 399 kWh – 306 kWh = 93 kWh + 214 kWh = 307 kWh total used
(NOTE: the graphic above is for illustration purposes and does not represent current prices)