What is net metering?
What is net metering? Solarize project
When
you install solar panels, your electric meter will be replaced. Your
new meter will measure both the electricity you are purchasing from
your utility and the electricity you are sending to the grid. The
utility tracks both of these when it reads your meter, and you are
charged only for your "net" energy use, the electricity you purchased
minus what you sold. In the summer, you may run a credit for several
months. You can draw on that credit in the rainy months. The energy
credit is exchanged on a kWh basis. Storing your excess energy on the
grid is better than the best batteries, because it doesn't take up
space or need to be replaced. This system of "net metering" is required
of utilities under Oregon law (ORS 757.300).


