Examples of Net metering system in a sentence

The injected electricity will be compensated on the basis of pre-defined tariffs during a fixed period, and they will pay for the electricity consumed according to the applicable electricity rates [10].o Net metering system: End-users who produce electricity from PV systems are allowed to inject excessive electricity into the grid (the difference of PV output to onsite consumption).
Net metering system is a popular option among high scale electricity consumers in Sri Lanka where the solar energy generated could be used to balance the electricity bill.
There are two schemes for FIT to apply, Gross and Net metering system.
The SPV system should be installed along with Net metering system.
Net metering system is a new opinion in India, but this programme has successfully entertained countries like Australia, Canada, Italy, Spain, Denmark and United States.

More Definitions of Net metering system

Net metering system means a fuel cell, a facility that produces electricity and used and useful thermal energy from a common fuel source, or a facility for the production of electrical energy that generates renewable energy, and that:

Net metering system means a facility for generation of electricity

Net metering system means a facility for the production of electric energy that:

Net metering system means a fuel cell, a facility that

Net metering system means a system consisting of a solar meter and net meter with their associated equipment;

Net metering system means a fuel cell, a Cogeneration Facility, or a facility that produces electric energy using water, wind, solar energy or biogas as a fuel if the facility:

Net metering system means the system that includes the consumer/member’s generator and interconnecting equipment.