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I don't know how it works elsewhere, but in New Zealand at least, power going each way is metered separately. Power is sold to the electric company at a much l
by Negitivefrags 14y ago
I don't know how it works elsewhere, but in New Zealand at least, power going each way is metered separately.
Power is sold to the electric company at a much lower rate than the power that is bought from the electric company.
So you might buy power for 27c/kwh and sell it for 3c/kwh.
- ensignavenger 14y agoIn the US it depends on where you are at and who your power company is. Some times they do it the way you describe in NZ, but in many areas it is more the way the OP describes, where there is one meter, and sometimes it literally runs backwards- only if there is an excess at the end of the month is it credited at the lower rate.