Can anyone clearly explain the concept of net metering?

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Mikko Kouhia

Net metering means measuring incoming and outgoing product flow at consumer and calculating the combined output. In electricity market context this is deducting the amount of consumer-produced from electricity bought from the grid.

Hamit Can

http://www.eei.org/issuesandpolicy/generation/NetMetering/Documents/Straight%20Talk%20About%20Net%20Metering.pdf

http://businessfeed.sunpower.com/articles/an-introduction-to-net-metering

Soham Dutta

The following papers can be useful for this...

http://ieeexplore.ieee.org/document/7557256/

http://ieeexplore.ieee.org/document/7755229/