by dch » Sat Oct 23, 2010 4:27 am
I'm in the US, so please read this with a grain of salt:
Each state has different laws governing what the (State-owned) electric utility will do. Net metering is the term they use to describe what you're talking about: what happens when the meter is running "backward" and you're generating electricity?
So, for example, California requires that the power company, PG&E, will pay you for any power you produce at a slightly lower rate.
Other states only let you build up "credit" -- so you generate credits in the sunny months which you can apply to power you use in the winter, and at the end of the year your credits are zeroed. It basically means you can only reduce your bill, but not get paid.
I suspect most net metering agreements are one of those two types.