Net metering
Net metering
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Energy glossary
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Net metering
Meaning of term net metering
Arrangement that permits a facility (using a meter that reads inflows and outflows of electricity) to sell any excess power it generates over its load requirement back to the electrical grid to offset consumption.
Source: http://www.desc.dla.mil/dcm/files/all%20inclusive%20energy%20glossary.xls
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