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Their utilities will install a new digital electrical meter for homes with renewable power that tracks power used by the home separately from power generated into the grid. This is called “net billing” and allows the homeowner to be reimbursed for the power they create. [...] Germany has the world’s largest photovoltaic market. They did this with an innovative program that encourages homeowners to install solar. Rather than take the net metering approach (common in the US) in which excess energy is sent into the grid with the homeowner generally getting paid for it,they instead install the solar outside the [...] 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 [...] Net metering is a policy, usually set by the state and implemented by the electrical utility, that allows customers who generate renewable energy to get paid for it when it goes back into the grid. Seems a simple enough idea, doesn’t it? Yet in practice the rules can be extremely convoluted, vary widely, and [...] |  | ||||
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