UPSC Prelims 2016·GS1·economy·economic sectors and development

'Net metering' is sometimes seen in the news in the context of promoting the

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  1. Aproduction and use of solar energy by the households/consumersCorrect
  2. Buse of piped natural gas in the kitchens of households
  3. Cinstallation of CNG kits in motor-cars
  4. Dinstallation of water meters in urban households

Explanation

'Net metering' is a billing mechanism that credits solar energy system owners for the electricity they add to the grid. When a household's solar panels produce more electricity than the home consumes, the excess electricity is exported to the grid. Through net metering, the electricity meter spins backward to account for this surplus, or the customer receives credits on their electricity bill. This mechanism incentivizes and facilitates the adoption of rooftop solar power by making it financially more attractive for households and consumers to generate and use solar energy while remaining connected to the conventional grid.

economy: 'Net metering' is sometimes seen in the news in the context of promoting the
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