Q: ‘Net metering’ is sometimes seen in the news in the context of promoting the
a) production and use of solar energy by the households/consumers
b) use of piped natural gas in the kitchens of households
c) installation of CNG kits in motor-cars
d) installation of water meters in urban households
The correct answer is the Option 1.
Net metering
- The billing system gives owners of solar energy systems credit for the electricity they supply to the grid. Hence, Option 1 is correct.
- It enables residential or commercial users who produce their own electricity using photovoltaic or solar panels to export their excess energy back to the grid.
- It empowers customers to control their electricity costs and supports renewable energy.
- The consumer can invest in renewable energy solutions in a simple and low-cost manner.
- It boosts the value of electricity generated through renewable sources and enables users to store energy for later use.
- A required policy to support the expansion of renewable energy is net metering.
- Enabling consumers to manage their electricity bills.
In addition to providing significant economic benefits in terms of jobs, income, and investment in the renewable energy sector, net metering enables utility customers to produce their own electricity in a clean and efficient manner.
In addition, by encouraging generation close to the point of consumption, net metering lessens the strain on distribution systems and prevents losses in long-distance electricity transmission and distribution.
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