Green Idea: Net Metering

Green Idea: Net Metering

Dec 11, 2007

Imagine your electric meter running in reverse. Now imagine getting paid whenever your electric meter runs in reverse. Even better. Net metering is the concept that could make that a reality. Here in Vancouver, net metering seems to be getting more exposure and we think it is a great idea. So what is it?

Basically, net metering is an incentive for adopting alternative energy sources to power your home. For a residential building this usually means installation of a solar cell. Admittedly, installing a solar array on your roof is still a pricey endeavor, ranging from $3000 to $10000, but imagine the impact this could have as solar cell prices come down and the majority of houses are both providing additional power while at the same time using less power from the grid.

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