Net metering in South Africa is a billing system that allows homeowners and businesses with solar PV installations to sell excess electricity back to the grid. Here’s how it works:
- Electricity Generation: Solar panels generate electricity during the day.
- Usage and Excess: You use some of this electricity to power your home or business. Any excess electricity is fed back into the grid.
- Credits: The excess electricity is tracked by a bi-directional meter, and you receive credits for the electricity you contribute to the grid.
- Offsetting Bills: These credits can be used to offset your electricity bill when you use more power than you generate, such as at night.
Net metering provides several benefits, including cost savings on electricity bills, a reduced carbon footprint, and a return on investment for solar energy users
For more detailed information, you can visit this post on net metering.
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