Gross metering and net metering
What is Net metering and Gross metering? The electricity bills you receive at the home, office, or other buildings, are tracked by an electricity meter to make the acquaintance of the units of electricity you consumed. Generally, for our daily usage, we use the electricity from the power grid and from there, we’ll get the power consumed charge. But, if you have the capacity to produce electricity at your premises itself, then the mechanism of the power grid changes. Solar roof-mounted PVs has become a standard system for generating a secondary source of power for users. As electricity storage is expensive, these systems are often connected to the grid to export surplus electricity to the grid, and deficits can be imported from the grid. With the help of advanced technologies, governments, when designing the regulations for solar rooftop systems, introduced two arrangements –: Net metering Gross metering How does Net Metering work? The Net Metering policy was introduced in India, aroun...