Solar Panels For Home Net Metering

Then at night or other times when your solar panels are underproducing you pull energy from the grid and use these credits to offset the costs of that energy.

Solar panels for home net metering.

Without it you would need to install a solar battery to store your excess electricity which can run you thousands of dollars. Oklahoma requires investor owned utilities and electric cooperatives to offer net metering to all customers. Another name for this type of metering installation is called net metering. The excess energy will go into the utility grid and you will earn credits for this production.

All solar systems are tied into the utility grid. Solar panels are now often positioned west or south west to maximize energy production in the late afternoon. The utility tracks your meter to record your net energy usage energy consumed minus energy sent to the grid so they can bill or credit your account based on overall usage. Another type of solar power metering is called bidirectional metering.

When your solar panels produce more electricity than you need that energy is sent to the grid in exchange for credits. Under a net metering agreement the grid acts as energy storage for the solar homeowner banking the power they generate so they can use it later. The benefit of this is that your system will receive net metering credit. Net metering also ensures that you get the most out of your solar panels.

Otherwise your excess power would just get sent to the grid without you getting any value from it. When your utility offers net metering it allows you to use the grid as a virtual battery to store the economic value of your excess solar power. This helps earn higher value net metering credits. Net energy metering nem is a program most utilities offer which allows you to send extra energy generated by your home s solar panels back to the grid for a credit which will be applied to your future electricity bills.

Many consumers who are thinking about going solar have heard the term net metering but aren t sure what it means what is net metering put simply net metering is a utility billing mechanism available in most states that offers a credit to residential and business customers who are making excess electricity with their solar panel systems and sending it back to the grid how does net metering work when you have a rooftop solar system it can often generate more electricity than you. Net metering also known as net energy metering or nem is a solar incentive that allows you to store energy in the electric grid. In this type of solar panel metering installation one meter is used and it takes the amount of kwh used by the customer and subtracts from it the amount of kwh generated by the solar panels. Both pg e and sdg e have already reached their caps and sce is expected to begin net metering 2 0 in july 2017.

For each utility net metering 2 0 is put into place when the five percent cap is reached. With nem billing you only pay your utility for this net energy usage. Solar system designs in california are being adapted to take this tou into account.