net meter

American  

verb (used with or without object)

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.

Etymology

Origin of net meter

First recorded in 1975–80

Example Sentences

Critics argued customers with rooftop solar who occasionally needed power would end up paying more than if they didn’t net meter at all, making the charges punitive.

From Washington Times

So far, fear of Idaho Power’s net meter request has already attracted dozens of public comments from citizens concerned about the chilling effect this might have for future interest in renewable energy.

From Seattle Times

Once the cap is met, utilities are still required to offer the benefit to existing participants, though they may turn away additional people who want to net meter, according to the Indiana Utility Regulatory Commission.

From Washington Times

As more people install solar and “net meter,” or sell energy to the grid, Duke and other utility companies believe they should also pay more for use of the company’s transmission infrastructure.

From Washington Times

A net meter — installed by your utility company in place of the standard meter — rolls backward, and at the end of the month calculates your “net” usage from the grid.

From Washington Post