You may have heard the phrase “net metering” in relation to solar panels. This is one of the best parts of having panels power your home! Let’s break down what net metering means for your home…
Your solar panels are producing energy whenever the sun is up. First and foremost, that energy powers your home, but what happens when your panels collect more energy than you need in a month?
When your system is producing more than you need, that excess energy is fed back into the electric utility’s grid. When that happens the power company will actually buy that energy from you. At this point, your solar power is used for OTHER homes in the area! Cool, right?
This is one of the ways that solar power saves you money every month. The money you make back from net metering makes installing panels on your home even more cost-effective!