The Danville Utility Commission voted on November 22 to approve a net metering plan for local utility customers with renewable energy generation sources. Smart Meters, now installed in most of Danville Utilities’ delivery area, are capable of measuring electricity being fed back into the power grid.
Anyone who generates more than twice what their home uses would have to have a power purchase agreement with the utility instead of the simpler net metering plan. For instance, if a customer normally uses 1,000 kilowatts of power a month — that adds up to 12,000 kilowatts per year. A residential customer would be able to sell an additional 12,000 kilowatts per year back to the utility. Larger transactions will require the power purchase agreement.
Source: Go Dan River News