Net-metering is one of the many benefits of producing your own electricity.
Most photovoltaic systems (solar arrays) are tied into your local utility’s
power grid. Grid-tied systems offer the ability to integrate power supplied
by the utility company and power produced by your system. At times when your
system is not producing enough power to meet your needs, the power grid can
act as a supplement.
And, with a grid tied system, power produced in excess of what you’re consuming
does not go to waste. It is fed back into the grid and accounted for by a
bi-directional meter through a system known as net-metering.
Net-metering allows your local utility company to easily monitor the electricity
your system produces. Following the installation, Garden State will arrange
for the installation of a net-meter which, unlike your standard meter, accounts
for electricity fed back into the power grid by your system. At times when
your system is producing more energy than your building is consuming, YOU
are supplementing the utility company and they will buy that power
from you at the SAME RATE
that you buy it from them.