What is Net Metering
UTILITY GRID ACTS AS POWER STORAGE FOR YOU FOR FREE
The Electricity generated during the day time, if not being utilized is fed to the grid which acts as a storage. The energy is taken back when required and the consumer need not pay anything for importing back the same.
The facility of net metering allows consumer to save on the bills as the billing slab also comes down.
Haryana Govt also gives an additional benefit of Rs 1/unit for solar generation which changes every year.
The sample calculation for net metering as per the Govt. circular is given below for clarity.