What does the term "net metering" refer to in the WISE curriculum?

The term "net metering" specifically refers to a billing mechanism designed for owners of solar energy systems. This system allows these owners to receive credits for the excess electricity they generate and feed back into the grid. When solar panels produce more energy than the owner consumes, the surplus can be sent to the grid, and the utility provides a credit that offsets the cost of electricity that the owner draws from the grid during times when their system is not producing enough power, such as at night.

This mechanism promotes the use of renewable energy sources by financially incentivizing homeowners and businesses to invest in solar technology. The credits accrued through net metering can significantly reduce electric bills, making solar energy systems more cost-effective and appealing.

Although reducing carbon footprints, measuring solar panel efficiency, and energy storage are all important concepts related to solar energy and sustainability, they do not accurately describe the specific function and purpose of net metering as intended in the context of the WISE curriculum.