Comparison
There is considerable confusion between the terms "net metering" and "feed-in tariff". In general there are three types of compensation for local, distributed generation:
- Feed-in Tariff (FIT) which is generally above retail, and reduces to retail as the percentage of adopters increases.
- Net metering - which is always at retail, and which is not technically compensation, although it becomes compensation if there is excess generation.
- Power purchase agreement - compensation which is generally below retail, also known as a "Standard Offer Program", and can be above retail, particularly in the case of solar, which tends to be generated close to peak demand.
Net metering only requires one meter. A feed-in tariff requires two.
Read more about this topic: Net Metering
Famous quotes containing the word comparison:
“The difference between human vision and the image perceived by the faceted eye of an insect may be compared with the difference between a half-tone block made with the very finest screen and the corresponding picture as represented by the very coarse screening used in common newspaper pictorial reproduction. The same comparison holds good between the way Gogol saw things and the way average readers and average writers see things.”
—Vladimir Nabokov (1899–1977)
“Away with the cant of “Measures, not men!”Mthe idle supposition that it is the harness and not the horses that draw the chariot along. No, Sir, if the comparison must be made, if the distinction must be taken, men are everything, measures comparatively nothing.”
—George Canning (1770–1827)
“He was a superior man. He did not value his bodily life in comparison with ideal things. He did not recognize unjust human laws, but resisted them as he was bid. For once we are lifted out of the trivialness and dust of politics into the region of truth and manhood.”
—Henry David Thoreau (1817–1862)