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Net Metering Credit
Compute net units and monthly credit / payable.
FinancialCore inputs only — quick sizing with engineering defaults.
Inputs (SI units)
Results
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Engineering Formula
- Net = Gen − Cons
- If Net ≥ 0: credit = Net × ExportRate
- If Net < 0: bill = |Net| × Tariff
Standard net-metering: consumption first cancels generation (banked at retail tariff), surplus is bought back at feed-in rate.
Step-by-step Calculation
- 1.Net
Gen-Cons150 kWh - 2.Value
Net×Export₹ 450
Design Assumptions
- • Bidirectional meter, monthly settlement.
Engineering Tips
- ◆Some states bank credits for full FY — check regulation.
Warnings
- ▲Gross metering pays only export tariff — verify contract.
Standards & References
Electricity Act 2003CERC RE regulations
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