Virtual Net Metering
Bob Morris @ Jun 27th 2008 04:45 - Category: Renewable energy Tags: net metering
With Virtual Met Metering a municipality buys or leases land not necessarily in their area and installs renewable energy on it. All energy goes directly into the grid. They then receive a credit on their electrical bill for the energy generated, offsetting their own usage.
The Rhode Island legislature recently approved a municipal net metering bill. May other states follow.
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