Summer is a season of transition and trying new things, which is why it is a great time to reconsider your home or business power source. Solar energy is a great alternative to traditional energy as it is better for the environment and can even reduce your monthly power bill!
However, before making a big decision like this, it is important to educate yourself on solar energy to see if it is the right fit for you. For example, one of the most important concepts to understand about solar energy is the system of net metering. But what is net metering, exactly?
Net Metering Overview
Net metering is a system commonly used with solar energy that allows residential and commercial users to sell unused solar energy into the electric grid for external use. This system is beneficial when someone who uses solar panels generates more energy than is needed, so the excess energy can be stored and transferred for credit. The excess energy is normally transferred from the grid to nearby solar users who may not have as much stored energy available.
This system has a variety of benefits for solar power users that make the switch from traditional energy well worth it. One of the most notable benefits is the reduced monthly cost of electricity. Since net metering allows you to credit your excess energy, you will likely see a reduction in your monthly electric bill. Additionally, it is great in terms of economic benefits by creating hundreds of thousands of jobs around the country. Lastly, net metering can act as a balancing tool for the electric grid, making sure that the grid does not exceed its maximum electricity load and managing the overall distribution.
Net metering is an important system for solar energy, and it is one that you will need to develop an understanding of before you decide to invest in solar energy for your home or commercial business.
Do you believe your house qualifies for the installation of solar panels? Would you like to schedule a home efficiency audit to make sure that your house is a true friend to our planet? Reach out to us today!