GS IAS Logo

< Previous | Contents | Next >

Advantages:

Net metering is a low-cost, easily administered method of encouraging customer investment in renewable energy technologies.

It increases the value of the electricity produced by renewable generation and allows customers to "bank" their energy and use it a different time than it is produced, giving customers more flexibility and allowing them to maximize the value of their production.

Providers may also benefit from net metering because when customers are producing electricity during peak periods, the system load factor is improved.

The net metering is a necessary policy to boost the growth of renewable energy, the energy sovereignty and the energy self-production.

Giving customers control over their electricity bills - Net metering allows utility customers to generate their own electricity cleanly and efficiently. During the day, most solar customers produce more electricity than they consume; net metering allows them to export that power to the grid and reduce their future electric bills.

Net metering provides substantial economic benefits in terms of jobs, income and investment. (Jobs in renewable sector)

Protecting the Electric Grid - By encouraging generation near the point of consumption, net metering also reduces the strain on distribution systems and prevents losses in long-distance electricity transmission and distribution.