The $300,000 worth of electricity the site is expected to generate annually will secure net metering credits for Clark University in Worcester.
What does NM stand for?
NM stands for Net Metering (energy installations)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of NM
We have 45 other meanings of NM in our Acronym Attic
- Near Mint
- Near Miss
- Necesita Mejorar (Spanish: Needs Improvement)
- Needless Markup
- Negra Modelo (beer)
- Neighbourhood Management
- Nelson Mandela
- Nemaline Myopathy
- Neomail (Neopets)
- Net Manager
Samples in periodicals archive:
Shammas also revealed a pilot scheme would be implemented where 125 needy families will receive state sponsorship to install net metering in their homes.
House Bill 1353 increases the limits of the state's three-year-old net metering law tenfold, opening up a law mainly aimed at homeowners and small businesses to much larger companies.
Through ROCKY MOUNTAIN POWERS' net metering program, the power produced by the unit will reduce, if not eliminate, future power bills at the water treatment plant.
Net Metering Governments provide financial and technical support for Net Metering.
Most importantly, Oregon utilities are not required to pay for excess electricity generated by the customers under net metering, and net metering is only for electricity that is primarily generated to offset part or all of the customer's electricity use.