Understanding your Solar On Grid Power plant savings and Net metering Bill
Are you trying to understand the Net Metering Bill issued by your electricity company for your Solar On Grid power plant - to check on the savings from the Solar power plant ? Electric power is measured and billed in units ( kw-hr), A Solar Roof Top On Grid power plant produces power during daytime - these are called Solar Generation units usually measured by Solar Generation meter, and this power is first used by the Home or facility that has the Solar power plant any excess power from the solar power plant not used by the home is fed back to the Electricity Grid in case of Net metering solar power plants - this is referred as EXPORT . At night time or during cloudy daytime hours - the facility will get power from the Electricity GRID - this is referred as IMPORT. In order to understand the monthly calculations lets begin with an example : A. Solar generation meter reading end of this month was 300, while the reading fo...