Electricity auto-generation: It is the
possibility for any kind of electricity consumer to
also produce part or all of the electricity at the
same location.
Net metering: Is a compensation scheme that
allows electricity consumers to reduce their
electricity bills by giving them credit for the
electricity produced by their photovoltaic system
over a certain period of time.
Inverter: When sunlight strikes a
photovoltaic cell, direct current electricity is
generated. An inverter is a device which converts
direct current to alternating current electricity.
Moreover, an inverter is required to connect a
photovoltaic system to the power grid.
Photovoltaic panel: Photovoltaic systems use
cells to convert sunlight into electricity.
Photovoltaic cells can be made from different so-called
semiconductor materials, of which silicon is the
most widely used today. The word photovoltaic is
composed of two terms: Photo - Photon which means "light"
and Voltaic from "Volt" which is the unit used to
measure electric potential at a given point.
Electric power. It is the rate at which
electric energy is transferred by an electric
circuit. Solar electricity systems are given a
rating in kilowatts peak (Kwp). This is essentially
the rate at which it generates energy at peak
performance for example at noon on a sunny day.
Electricity consumption: The amount of
electricity used (or generated) over time measured
typically in Kwh (kilowatt-hour).
