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Q: What do the displayed values represent on my Net Meter? the direction and rate of energy flow . Movement from left to right (arrow pointing right) indicates delivered kWh. The opposite indicates received kWh (excess generation).
Net metering is a billing mechanism that credits solar energy system owners for the electricity they add to the grid. For example, if a residential customer has a PV system on their roof, it may generate more electricity than the home uses during daylight hours.
At the end of each billing month, the total electricity you sent back (sold) to the grid will be subtracted from the total amount of energy you used (purchased) from the grid. This determines your net amount.
Credit allocation The host customer must fill out a form called Schedule Z to let the electric company know which account(s) the net metering credits should go to. A host customer may change Schedule Z no more than 2 times in one calendar year.
0:33 1:55 How to read a Net Meter - YouTube YouTube Start of suggested clip End of suggested clip And ID 10 represents a number of kilowatt. Hours that youre sending back to the grid. And thatsMoreAnd ID 10 represents a number of kilowatt. Hours that youre sending back to the grid. And thats how you read your utility net meter.
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Net metering provides monthly credits on your electric bill, where SMART sends you direct monthly incentive payments.