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net meter

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verb (used with or without object) Also net-me·ter.
  1. to connect (a customer's alternative power-generating system) to a public utility's power grid to offset the cost of power drawn by the customer from the grid: You can net meter wind turbines and solar panels and sell energy back to the grid.
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noun
  1. an energy meter that can run both forward and backward so as to measure the net power the customer will pay for.
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Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018