Revenue-Grade Meter
An electricity meter certified to accuracy standards required for financial transactions, such as net metering credits, community solar allocation, or performance-based incentive payments.
Why It Matters
Some incentive programs require revenue-grade metering on your solar system. Consumer-grade monitoring may not qualify for production-based payments.
Related Terms
Net Metering
A billing mechanism that credits solar energy system owners for the electricity they add to the grid. The excess power generated during the day offsets power consumed at night.
Production Guarantee
A written guarantee from a solar installer specifying the minimum kWh of electricity the system will produce annually. If actual production falls short, the installer compensates the difference.
Performance-Based Incentive (PBI)
An incentive paid based on the actual energy produced by a solar system over time (typically per kWh over several years), rather than a one-time upfront payment.