Glossary: Net Metering - Energy Efficiency Terms
Learn about Net Metering and how it relates to energy efficiency and rebates in Ontario.
Net Metering
Definition: A billing arrangement that allows solar panel owners to sell excess electricity back to the grid.
With net metering, your electricity meter runs backward when you produce more energy than you consume, effectively banking credits for later use.
How Net Metering Works
- Solar panels generate electricity during the day
- Excess energy flows back to the grid
- Your meter records the energy sent to the grid
- At night or on cloudy days, you use grid electricity
- Your bill reflects the net difference
Benefits of Net Metering
- Reduces or eliminates electricity bills
- Provides backup power during outages
- Increases home value
- Supports renewable energy adoption
- Reduces carbon footprint
Net Metering in Ontario
Ontario's net metering program allows residential and small commercial customers to generate their own electricity and receive credits for excess generation.
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