What Exactly is Net Energy Metering, and How Can it Help You Save Money?
There is certainly no denying that the adoption of solarenergy provides homeowners with many great benefits, and one of the major advantages of adopting solar energy is net metering. It is also known as net energy metering, and with it, users can be credited for the extra clean energy they produce with their solar panels and sent back to the electric grid. Net metering can be considered a utility rate programthat requires your electric firm to buy the extra solar energy that is produced by solar panels at the complete retail rate of electricity. This clearly means that when the solar energy system installed on your rooftop produces more electricity than the requirement of your home, then the extra electricity generated is sent back to the power grid, and your utility pays you back for it. It won't be fully wrong to say that net-metering iscertainly a way in which your rooftop solar panels can save you a whole lot of money. In fact, it should be noted that the best states for...