Definition

Net metering is an electric service that allows electricity generated on a consumer’s site (“on-site”) to offset that consumer’s use. This generation can include (generally small) renewable energy facilities (such as wind, solar power, fuel cells or hydro). Net meters might also be used with energy storage devices such as batteries (stand alone or for electric vehicles). Net meters can “spin backwards” such that at the end of the billing period, the consumer only pays for its use, less what it produced (i.e., the “net”).

Standard Lookup Value: Net Meter


Legacy OData Value: NetMeter

Lookup Name: Electric

Synonym(s):  --

BEDES: --

Lookup Name ID: 933dfc7

Lookup ID: 501f025

References: RESI,RLSE,RINC,LAND,MOBI,FARM

Spanish Lookup Value: Medidor de Red

French-Canadian Lookup Value: --

Status Change Date: JUN 21 2016

Revision Date: APR 27 2016

Added in Version: 1.5.0




For more information on items displayed on this page, see Data Dictionary Terms and Meta Definitions.


Page Revision Date: Jun 12 2022

Form: LookupValue