Summary
UB net metering functionality enables customers to utilize solar panels or other types of power regeneration systems to apply locally-generated power towards their power consumption bill.
Set up the UB Electric Meter Device Types
Two meters will be required to set up an account for net metering. One for the main meter feeding electricity to the customer from the grid and one for the solar power generated at account location. The solar meter must first be set up with "KWH" selected as the Electric Type on the Electric tab. This will enable the “Solar received meter” toggle which will then need to be checked.
Meter Reads and Billing
Once the device types have been properly set up on the relevant accounts, meter reads and billings proceed as usual. The kWh generated by a solar meter will be subtracted from the primary electric meter's total consumption, resulting in a reduced bill for the billing cycle. If the solar meter generates more kWh than the primary electric meter's consumption for a reading period, a $0.00 bill will be generated for the account and the excess power will be added to the Banked Consumption column on the account. This banked consumption will then be applied to the account for the next billing cycle.
Reset Net Meter Banks
Organizations have the option to reset all net meter banks as frequently as they desire. This process (UB> Adjustments and Fees> Reset Net Meter Banks) will zero out the banked consumption and apply that amount to the included accounts. This process also allows organizations to credit accounts at a wholesale kWh rate rather than the standard rate.