Solar bill can be calculated using the daily electricity usage for the house minus the electricity generated by the solar panels. The result is multiplied by the electricity rates in your area. A negative result means that you have energy credit.
Solar bill can be calculated using the daily electricity usage for the house minus the electricity generated by the solar panels. The result is multiplied by the electricity rates in your area. A negative result means that you have energy credit.
See less
In net metering the units of electricity generated are deducted from electricity consumed. Any excess consumption payable, or generation carried forward. It differs from Gross metering which has a fixed feed-in tariff rate for power produced and a retail rate for power used. Thus, net metering is usRead more
In net metering the units of electricity generated are deducted from electricity consumed. Any excess consumption payable, or generation carried forward. It differs from Gross metering which has a fixed feed-in tariff rate for power produced and a retail rate for power used. Thus, net metering is usually more beneficial for a solar user. In India, most net metering across states comes with a limit of upto 1 MW.
See less