Another Voice: Net metering ...Middle East

In 1975, solar panels cost about $100/watt, and grid tied residential usage was extremely limited.  But peak oil in the US, and the rise of OPEC, stimulated increased popularity of such systems.  When excess electricity was produced, the power was pushed back onto the grid, spinning the meter backward, allowing homeowners to “store” their excess power on the grid.  But in reality, nothing was stored, only credited, as all electricity is used in the moment it is created.  Utilities began demanding a more formalized relationship, and Net Energy Metering (NEM) regulations were eventually established. California introducing NEM 1.0 in 1996.  Solar panel cost had dropped to about $7.50/watt, but

Hence then, the article about another voice net metering was published today ( Sunday 15/01/2023 - 08:37 PM ) and is available on Ukiah Daily Journal ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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