What is net energy metering nem? We offer customers who produce their own electricity through an eligible renewable distributed generation system a rate option called Net Energy Metering (NEM). The NEM option allows you to receive a credit for the surplus electricity you supply to the electric grid.What is nem and how does it work? The NEM option allows you to receive a credit for the surplus electricity you supply to the electric grid. This credit will then be applied to your energy bill, to offset all or part of the costs associated with the energy you consume each month.Who is eligible for nems energy demand management program? This program benefits NEM customers whose energy demand routinely exceeds the supply provided by their rooftop solar or other renewable distributed energy resource (DER) system. It also benefits NEM customers who are considering renovations or purchases that increase electricity use, such as electric vehicles.Is nem still available in hawaii? Although NEM is no longer available, The Hawaii Public Utilities Commission has approved new rooftop PV programs that allow customers of Hawaiian Electric to take advantage of new energy storage technology and help ensure safe, reliable service and fair treatment for all customers.
Net Energy Metering 1.0 NEM 1.0 is closed as of December 31, 2020. All new Customers resulting from either new construction, or a change in Customer Account, will be enrolled in NEM 2.0 beginning January 1, 2021.