What is Net Metering?
Under net metering, electricity generated by the Solar Rooftop System is first utilized by the consumer to meet their internal/captive requirements. Excess electricity, if any, is exported to the grid. Subsequently, when the consumer imports power from the grid, the exports are adjusted against the imports, lowering the electricity bill.
What is a Net Meter?
A net meter (bi-directional meter) records the energy imported from the grid to meet the load and surplus energy exported to the grid after self-consumption. Both energy import and export are recorded in the net meter. The difference between export and import readings is the actual energy consumed/delivered.