What is “Net Metering”?

Net metering is a special metering and billing arrangement between you and your utility company. It measures the energy you have consumed and the energy your renewable energy generator, such as solar panels or a wind turbine, has produced. With net metering, you are then billed only for the difference, or net consumption, during that billing period. If your system generates more than you are using at any given moment, the excess goes out through your electric meter and into the grid and is recorded as a credit. Should your system generate a positive net amount in any given billing period, the excess is carried over to the next billing period. Once a year during the March billing cycle any remaining credit accumulated during the previous year shall be granted to CU for distribution to CU customers enrolled in CU’s low-income assistance programs.