What is net metering?

Net metering is a utility billing process that allows members with distributed generation systems, like solar, to subtract the electrcity generated at their home from what they use. This helps to reduce their monthly power bill. If the generation is more than the member’s entire electricity consumption during the month, Piedmont Electric will purchase that generation at a wholesale power rate. Excess generation beyond consumption is credited at $0.0347 / kWh.