Under a Net-Billing system, how is the prosumer’s exported electricity typically valued compared to imported electricity?

💡 Explanation:

Net-Billing is a regulatory mechanism where electricity supplied by the utility (imported) is billed at the full retail tariff, while surplus electricity fed back to the grid (exported) is purchased at a lower wholesale or utility's average energy purchase price. This differs from Net-Metering, which often allows for a unit-for-unit exchange, or valuing both at the same retail rate.