How It Works
Solar panels generate electricity for your home or business, but at a fraction of the cost of utility generated electricity. The solar panels can generate excess electricity during the day, which is what makes your electric meter “spin backwards”. You are paid for excess electricity generation in the form of bill credits, which are then applied to offset utility company charges – that is known as “Net Metering”.
Current “Net Metering” law mandates that utility companies must allow property owners to back-feed the excess electricity from their solar systems onto the grid, and that the utility companies must credit property owners for their excess electricity production. However, current Net Metering laws will soon be ending, at which point utility companies may not have to pay property owners for the excess electricity they back-feed onto the grid. The good news is that systems installed prior to changes in Net Metering are grandfathered into the existing law. Protect yourself by installing your solar system now, before Net Metering laws change, to be grandfathered into the existing Net Metering law.
The experts at 180 Solar Power are well versed in Net Metering. Click here to get a solar quote before current Net Metering laws expire.