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If you have been researching solar panel systems for your home, one of the terms you might have read about a lot is βnet metering.β If you are new to solar power, you can find it difficult to understand exactly what Net Metering is and its benefits. Our team at Crown Roofing & Solar Company of Goddard has put together all the details about Net Metering to help you understand it better.
In simple terms, Net Metering is a form of billing agreement where homeowners receive credit for the extra electricity that their solar panels produce and add to the power grid.
Now that you know the definition of net metering let us see how it works β
Your solar panels produce more energy during sunny days than you can use, leading to your electricity meter running in reverse.
The excess energy produced needs to go somewhere. If you do not have a battery to absorb this excess energy, it is added to your electric grid and is used to power other homes and businesses.
When your solar panels cannot produce as much energy to meet your usage (i.e., during the night or cloudy days), your electricity is run by the power grid.
The electricity meter monitors your total energy usage and also the amount of energy that your solar power system produces and adds to the power grid.
At the end of the billing cycle, you will only have to pay for the net energy consumption.
Suppose your solar energy generation is much more than what is being used during the billing cycle. In that case, your electricity provider will not charge you anything for that particular month and credit it to the next month bill.
Save Thousands of Dollars in Electricity Costs
Create a Source of Renewable Energy for Emission-Free Surroundings
Reduce Dependability on Power Grid
Before you put in solar panels on your roof or already have solar panels installed, it is important to check what net metering policies your state has to offer since they differ from state to state. Kansas is one of the few states in the US where small-scale solar energy generators receive credit for the extra electricity they produce. It means you can get full retail credit for the amount of electricity you send back to the grid using your solar panels. Get in touch with our experts to know if you are eligible for net metering & find out more information by contacting us directly.
Do you have more questions about net metering, or you wish to know how much you can save by installing net metering with your solar panel system? Give us a call today, and one of our solar representatives will be able to answer any queries you might have. Our team has all the resources to help you make the most of your solar power system project
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