If
G
G
and
H
H
are finitely generated, residually nilpotent metabelian groups,
H
H
is termed para-
G
G
if there is a homomorphism of
G
G
into
H
H
which induces an isomorphism between the corresponding terms of their lower central quotient groups. We prove that this is an equivalence relation. It is a much coarser relation than isomorphism, our ultimate concern. It turns out that many of the groups in a given equivalence class share various properties, including finite presentability. There are examples, such as the lamplighter group, where an equivalence class consists of a single isomorphism class and others where this is not the case. We give several examples where we solve the Isomorphism Problem. We prove also that the sequence of torsion-free ranks of the lower central quotients of a finitely generated metabelian group is computable. In a future paper we plan on proving that there is an algorithm to compute the numerator and denominator of the rational Poincaré series of a finitely generated metabelian group and will carry out this computation in a number of examples, which may shed a tiny bit of light on the Isomorphism Problem. Our proofs use localization, class field theory and some constructive commutative algebra.