Net Energy Metering: An Additional Benefit Of Solar Powered Homes

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By installing solar panels for harvesting solar energy, homeowners, and even business owners, target cost savings from consuming less power from the electric grid. While this is an inevitable outcome in the long run, another direct benefit is a special billing arrangement called the net energy metering.

A solar energy system can produce more or less electricity than consumed by the entire home or building at any time. When the energy produced by the system cannot meet the electrical demand, the customer would be needing additional power.

On the other hand, should system output be greater than customer demand, the generated excess energy could be sent into the electric utility grid. Whenever this occurs, the electric meter runs backward, and its corresponding retail value is credited to the homeowner.

Net energy metering offers an additional way for solar energy system owners to maximize returns on their investments in solar energy. Under optimal circumstances, some consumers have been able to zero out their bills over a 12-month period.

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Favorable state policies have allowed Californians to reap the advantages of equipping their homes with solar energy systems, with net energy metering remaining an available option in most parts of the state.

Since 1998, Horizon Solar Power has been serving more than 50 cities throughout Southern California. The company has installed more than 8,000 solar energy systems, providing customers monthly savings and lock-in low energy rates for 20 years after installation. Learn more about Horizon Solar Power by visiting its website.