Net Metering

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Definition

Net Metering is a method for energy suppliers to credit customers for electricity that they generate on-site (self-generate) in excess of their own electricity consumption and sell back to the grid.

Any electricity purchases from the gird are deducted (or netted) from the generation sent to the grid. The specific financial rules for net metering may vary by country and state.

References

  • GHG Protocol Scope 2 Guidance (2015)