What is net metering in India? How is it different from gross metering?
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In net metering the units of electricity generated are deducted from electricity consumed. Any excess consumption payable, or generation carried forward. It differs from Gross metering which has a fixed feed-in tariff rate for power produced and a retail rate for power used. Thus, net metering is usually more beneficial for a solar user. In India, most net metering across states comes with a limit of upto 1 MW.