One of the most talked about elements of home solar power is “net metering.” Net metering is a billing setup that allows solar energy system owners to feed excess electricity generated by their systems onto their current utility’s grid and get credited or paid for doing it.
To break it down, a solar system owner can actually earn money for the excess electricity their system produces.
In many cases, homeowners can “sell” their system’s electricity to the utility during peak usage hours and “buy” utility-provided electricity during off-peak hours, often leading to a net monetary gain for the homeowner. The whole process is monitored through the utility’s home meter that will actually run backward whenever the solar system is inputting electricity into the grid.
Just how much money can a homeowner make? We can show you!