NET METERING SYSTEM
Allows consumers who have PV Systems installed on the same meter of the facility (home, manufacturing building, commercial building or other) to use the generated electricity for their own use.
This is particularly important with wind and solar, which are monthly net metering, allows consumers to use solar power or wind power generated during the day.
Excessive Kilowatts generated rolls over a net meter in the form of credit to the following month, allowing solar power to generate for example on July generation will be use on December, or wind power generation on March will be used on August.
These systems called "stand-alone PV systems", as seen from the name, it does not requires the existence of electrical grid, these systems are specially used in the far places when electrical grid cannot provide the customers with electricity.