I understand the concept of it, but I want to get a better understanding of it in simpler terms to be able to explain to someone else
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Net metering is almost always a mismatch trade between electric service (what you get from the utility) and electric generation (what you give back). Generation alone accounts for roughly 20% of the cost of full service electric delivery. So net metering when netted against bundled retail electric rate cannot be sustainable.
It’s just a matter of time before all net metering ends or the rates are unbundled and energy is netted against energy alone.
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