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net metering

Syllabification: (net me·ter·ing)
Definition of net metering

noun

  • a system in which solar panels or other renewable energy generators are connected to a public-utility power grid and surplus power is transferred onto the grid, allowing customers to offset the cost of power drawn from the utility.

Origin:

surplus energy, measured by an electric meter, is netted from the amount passing from the utility to the customer

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Word of the day

leporine

/ ˈlɛpərʌɪn /
adjective
of or resembling a hare or hares …