Net Meter

A net meter is a bidirectional electricity meter that records both the electricity you draw from the grid and the surplus electricity you export back to it. It calculates the net difference between import and export, which is then used for billing or crediting your account . ⚙️ How It Works · Measurement: It tracks two separate registers: energy consumed from the grid and energy fed into the grid (usually from solar panels) . · Settlement: If you import more than you export, you pay for the net consumption. If you export more, the surplus is either carried forward to the next billing cycle or paid to you (depending on local regulations) . 🔄 Key Distinction (Net Metering vs. Net Feed-in) While both use a net meter, billing rules differ by region: · Net Metering: Energy units (kWh) are offset against each other directly. Surplus units are usually carried over . · Net Feed-in: The imported and exported energies are priced at different tariffs (retail rate for import, feed-in rate for export). The monetary values are then offset . 📋 Installation Requirements · Cost: The consumer typically bears the cost of the net meter and its installation . · Compliance: The meter must meet local utility/regulatory standards (e.g., CEA regulations in India) . ---