Net metering is a highly advantageous billing system for solar system owners. It allows both residential and commercial solar system owners, who generate electricity using solar power, to channelize the unused electricity back into the system’s grid. Different states have recognized net metering as a useful billing mechanism and have passed laws to regulate it. But laws differ from state-to-state, which means that the advantages of net metering can vary greatly depending on the owner’s location.
Net metering credits solar system owners for generating electricity and feeding the grid with the unused electricity. Let’s understand the concept clearly. If a solar system owner generates electricity in excess of what the home normally consumes, he or she can transfer this excess electricity into the grid. A net-metered home gets a credit for doing so. As such, homeowners can save a substantial amount of money because they would be billed only for their “net” use of electricity.
Florida is rightly called the “The Sunshine State”. Net metering is becoming big in Florida. Utilities in the state have embraced the concept of solar power to a great extent. Besides, homeowners can easily claim for rebates for being able to afford the systems. Whether you wish to save on bills or become energy independent, net metering is what you need. This is a good way to give more than you take from our environment.