The term “net metering” can be a bit confusing. The “net” in net metering refers to the fact that you receive credited for each and every energy your solar panel system produces, regardless of how much energy it actually produces. Net metering allows homeowners to benefit from solar power by paying only for the energy they require. The system works by harvesting sun energy during the hours when the sun is not shining and then collecting this energy in a storage battery. The energy is stored until you need it and then you can either use it immediately or sell it back to the electric company for a profit. Net metering allows homeowners to take full advantage of their solar power systems, while still being able to do their part for the environment.
To make things even more confusing, there are two different types of solar electricity systems. The first type collects energy passively. This means that homeowners are collecting energy for their own use without having to actively collect and store it. This is called “passive” solar electricity. The other type collects energy and stores it in batteries or on demand. This is called “active” solar electricity.
There are many advantages to residential solar panels. Not only are they beneficial to the environment because they reduce greenhouse gases, but they are also very cost effective. When homeowners make the initial investment and keep up with the maintenance and scheduled monthly system checks, they will be able to save hundreds of dollars per year on their residential utility bills.
In order to benefit the most from a residential solar system, it’s important to understand how net metering works. Basically, net metering applies to both solar systems. The initial investment you make in the system is the one that pays for the battery storage and net metering service. Once your system is up and running, any excess electricity that the sun doesn’t turn into usable energy is then turned over to the utility company for you. Most states have laws that require you to receive credit for the energy your solar system generates. Your utility company will take into account this when determining your monthly electric bill.
Net metering allows homeowners to take advantage of low energy prices while helping to protect the environment. It is recommended that homeowners also invest in a good solar roofing system. Solar roofing can significantly reduce the amount of heat lost through your attic while protecting the interior of your home against heat gain. Commercial solar roofing is becoming more popular with homeowners who are trying to maximize their home’s energy production while lowering their electric bill savings.
One of the biggest drawbacks to converting your home to solar electricity is the cost of acquiring and maintaining solar panels. Most homeowners cannot afford to purchase and install solar panels. The good news is that the cost of installing a solar home system has decreased dramatically in recent years. You can pay thousands of dollars to install commercial grade solar panels for less than one hundred dollars.