Net energy metering means the difference between the kilowatt-hours consumed by a customer-generator and the kilowatt-hours generated by the customer- generator's facility over any time period determined as if measured by a single meter capable of registering the flow of electricity in two directions.
Net energy metering means measuring the difference, over the net metering period, between (i)
Net energy metering means measuring the difference
Examples of Net energy metering in a sentence
Net energy metering shall be available to eligible customer-generators on a first-come, first-served basis until the rated generating capacity owned and operated by eligible customer-generators in the State reaches 3,000 megawatts.
More Definitions of Net energy metering
Net energy metering means measurement of the difference
Net energy metering means the use of a net energy meter to measure, during the billing period applicable to a customer-generator, the net amount of electricity supplied by an electric corporation and provided to the corporation by a customer-generator.
Net energy metering means measuring the difference, over the net metering period, between (i) electricity supplied to an eligible customer-generator or eligible agricultural customer-generator from the electric grid and (ii) the electricity generated and fed back to the electric grid by the eligible customer-generator or eligible agricultural customer-generator.
Net energy metering means measuring the difference between the electricity supplied through the electrical grid and the electricity generated by an eligible customer-generator and fed back to the electrical grid over a 12-month period as described in subdivisions (c) and (h).
Net energy metering means measuring the difference, over the net metering period, between (i) electricity supplied to an eligible customer-generator from the electric grid and (ii) the electricity generated and fed back to the electric grid by the eligible customer-generator.
Net energy metering means using metering equipment sufficient to measure the difference between the electrical energy supplied to a customer‑generator by an electrical utility and the electrical energy supplied by the customer‑generator to the electricity provider over the applicable billing period.
Net energy metering or “NEM" means a Utility tariff or rule under which customers with qualifying renewable energy projects may “bank” the value of renewable energy produced in periods when such production exceeds the customer’s usage during that period and allows the customer to benefit from such “banked” value during periods when the renewable energy production is less than the customer’s usage.