If you are considering solar power for your home or business, it is likely that you have heard the term “net metering” but you may be unsure of exactly what it means. Simply put, net metering allows you to produce your own electricity, avoiding costly energy rates during peak times.
In other words, you are billed only for the net energy that your home or business uses – i.e. the difference between the energy you consume minus the energy you produce. Oftentimes, our clients who are net metered will see their meters running backwards. This means they are producing more power than they are using, and depending on what the local policies are in their area, they may receive a credit on their energy bill.
These credits can then be used for times when solar cells are not producing sufficient energy such as when it is cloudy out or when it is nighttime.