January 9, 2024

Discover the Power of Virtual Net Energy Metering (V-NEM)

A Cost-Effective and Eco-Friendly Approach to Shared Solar Energy Solutions

In the dynamic landscape of renewable energy, Virtual Net Energy Metering (V-NEM) emerges as a revolutionary solution, offering businesses and communities a collaborative approach to harnessing solar power.

What is Virtual Net Energy Metering?

V-NEM takes the Net Energy Metering (NEM) concept and enables multiple customers to benefit from a single solar installation. This innovative system is particularly advantageous for businesses, multi-unit complexes, and community-based projects.

How Virtual Net Energy Metering Works

  • Shared Solar Generation: V-NEM allows a solar system installed on one property to generate energy that benefits multiple meters or units within the same community or facility. This is especially valuable for businesses with large rooftops or shared spaces.
  • Bill Credits Allocation: The energy generated by the shared solar system is allocated among the participating meters. Each meter receives bill credits based on its share of the overall energy production, providing a fair and transparent distribution of benefits.
  • Flexibility and Scalability: V-NEM is highly flexible and scalable, making it an ideal solution for diverse settings. Whether it's a commercial complex, a housing community, or a business park, Virtual Net Energy Metering can be tailored to meet the unique energy needs of the participants.

Benefits of Virtual Net Energy Metering

  • Cost Savings: V-NEM allows participants to enjoy the economic benefits of solar energy without needing individual installations. This collaborative approach significantly reduces the upfront costs, making sustainable energy more accessible and affordable.
  • Community Engagement: V-NEM fosters a sense of shared responsibility and engagement for community-based projects. Participants can collectively contribute to environmental sustainability while reaping the financial rewards of solar energy.
  • Environmental Impact: V-NEM significantly reduces carbon footprint by promoting shared solar generation. This aligns with the global shift towards cleaner, greener energy solutions.

How to get started

To maximize your energy savings, choosing the right solar partners is an important part of the process.

At Green Convergence, we are committed to empowering our clients with cutting-edge solutions, and V-NEM is just one example of how we strive to make sustainable living a reality for all.

Given our proven development history of multiple commercial projects, we will handle various processes on your behalf, including the application, the interconnection agreement, the site development plan, and installation.

To get started on your application, contact us here. You can reach us by phone at 661-491-5111 or by email at commercial@greenconvergence.com.

Virtual Net Energy Metering is a powerful tool for businesses and communities seeking ways to embrace eco-friendly practices while maximizing cost-efficiency; V-NEM stands out as a practical and scalable approach


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