Solar Panels Net Metering

When your solar panels produce more electricity than you need that energy is sent to the grid in exchange for credits.

Solar panels net metering.

Illinois hit its cap earlier this year starting a process to. Many states have enacted distributed solar caps and once a cap is hit net metering is no longer available for new solar customers. Offset your bill with renewable energy you produce through solar wind biomass and more. 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.

For example if a residential customer has a pv system on their roof it may generate more electricity than the home uses during daylight hours. Net metering is a solar incentive that requires your utility to purchase excess solar electricity that your solar panels produce at the full retail value of electricity. 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. Net metering also known as net energy metering or nem is a solar incentive that allows you to store energy in the electric grid.

Net metering is a billing mechanism that credits solar energy system owners for the electricity they add to the grid.