NET METER
A solar metering energy system is a system that uses the electrical grid to store the excess electricity produced by domestic or commercial solar panels. The electrical meter installed inside a house or any other commercial building records the power consumption. Thus, people only need to pay for the net energy consumed by them.
To use this system, people need to have proper solar metering energy set up consisting of a solar panel, solar inverter, bidirectional meter, and an electricity connection.
Since there is an absence of a battery for power storage, an electricity connection is essential to transfer the unused energy to the grid. Therefore, this system is an economical option for people while limiting environmental pollution.
Functions of a Metering Energy System
How Net Metering works?
A rooftop solar panel facilitates the generation of extra electricity than the requirement of people. However, due to the absence of a proper storage system, the electricity produced by solar panels gets wasted. The solar net metering system solves this problem by transferring the extra power to the electricity grid.
All the net metering solar power systems are connected to the electricity grid. When the solar metre produces an extra quantity of electricity, the bidirectional electric meter rotates in the reverse direction to measure the transfer of the electric unit to the grid.
The transferred electricity is credited to your bill. This means that when you need to use the electricity afterward, you only need to pay for the extra unit of electricity you consume. In addition, the bidirectional electric meter keeps a record of all the power exchanges. Therefore, you don’t need to maintain power utility on a daily basis.
Benefits of Metering Energy and Net Metering system
Net metering is an excellent way of promoting sustainable energy utilisation. It offers the following benefits to users and the environment:
- It prevents the requirement of storage battery: Solar panel owners don’t need to invest in batteries to store the extra power. The metering energy inverter easily transfers excess electric power to the grid. Whenever people need electricity, they can do so without paying an additional charge.
- It generates financial credit: Metering energy offers a great way of generating a passive income for people who have a large solar panel setup. This means that by generating multiple units of electricity, people can get either credit for further use or revenue from the state government or the electric department.
- It has a low maintenance cost: Net metering is a cost-effective option for using electric power. In addition, the transfer of excess power to the electric grid reduces the maintenance charge compared to a non-grid system.