Usually means: Credit for excess solar electricity.
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We found 6 dictionaries that define the word net metering:

General (5 matching dictionaries)
  1. net metering: Oxford Learner's Dictionaries
  2. net metering: The Word Spy
  3. net-metering: Wordnik
  4. net metering: Wiktionary
  5. Net Metering, Net metering: Wikipedia, the Free Encyclopedia

Tech (1 matching dictionary)
  1. Glossary of Energy Terms (No longer online)

Definitions from Wiktionary (net metering)

noun:  An electricity billing arrangement where excess energy (especially renewable energy) generated by an electricity consumer is credited towards their future consumption.

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