|Green Economics with Renewable Energy|
Metering with Green Energy
Green Economics of Alternative Energies for Homes and Businesses
& Alternative Energy
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metering means the utility will trade electricity with you, giving you
credit for any excess power your renewable energy system produces for the
grid against the electricity you consume.
Net metering allows
for the flow of electricity both to and from the customer (you)
and typically through a single, bi-directional meter. When your
grid-tied system is producing more than you use, the excess power
automatically flows back to the grid. This adds credits to your
account and offsets electricity consumed by you at a time when your system
is not generating electricity.
In effect, you use
excess electricity generation to compensate for electricity that you would
have had to purchase at the utility's full retail rate. In net metering
you are billed for the net electricity purchased from the utility over the
entire billing period whether that period is a month, a quarter, or a
year. A period longer than a
month is probably to your advantage.
Net metering allows
you to get more value from the energy you generate. It also simplifies
both the metering process--by eliminating the need for a second meter--and
the accounting process--by eliminating the need for monthly payments form
Oncor Service Area
That said, Oncor
(formerly part of TU Electric) is the largest electric service provider in
Texas. It does not net meter since deregulation of electricity in Texas
(Jan 1, 2002).
This means net metering will come from your electricity retailer if you
are in the Oncor service area Keep an eye on the Texas Legislature
in 2009. There may be some changes.
This means net metering will come from your electricity retailer if you are in the Oncor service area Keep an eye on the Texas Legislature in 2009. There may be some changes.
Electric Co-ops and
further information about Renewable
Energy or this area of Texas
green builder, or green remodeler
in North Central Texas
or the Dallas-Fort Worth area?
Are you purchasing or building a home?
Ready to add renewable energy?
Interested in living more sustainably?
Contact Terry Jensen
Frugal Energy, LLC
972 251-1532 or 817 443-2553
Please call. If I can answer without
seeing your home or business,
I will do so at no charge.
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