Net Metering is a billing arrangement that allows homeowners and businesses with solar panels or other renewable energy systems to receive credit for the excess electricity they generate. When these systems produce more energy than is consumed, the surplus is sent back to the electric grid, and the owner receives a credit on their utility bill. This helps offset the cost of electricity drawn from the grid when their system isn't producing enough power. This system encourages the use of renewable energy by making it more financially viable for individuals and businesses. By participating in net metering, users can reduce their energy costs while contributing to a cleaner environment and promoting the use of sustainable energy sources.