Net Metering: Sell Your Solar Energy

With a Premier Power solar electric system, you can drastically reduce and even reverse your electric bill so that the utility company pays you for power. Net metering is an electricity policy that measures the amount of power you generate against the amount of power you use. If they are equal, your cost is $0. When you produce more than you use, the excess electricity can be sold back to the electric company for a profit.

Here’s how net metering works. During the daytime, a solar electric system converts free, abundant sunlight into electricity to power your home or business. It’s your own private power plant that also happens to be silent, environmentally friendly, and extremely durable. If you need more electricity than you are producing, the utility grid automatically supplies the difference.

But if you generate more than you use, the excess electricity flows to the grid, spinning your meter backwards. This electricity is banked for future use – i.e. when the sun isn’t shining – to offset the conventional electricity you would otherwise pay for. At the end of the billing cycle, if you have produced more electricity than you have used, you can sell it to the utility company.

When you install a Premier Power Solar Electric System, we’ll file all the paperwork for you to enter into a buy-sell agreement with your utility company. Premier Power’s unique web monitoring system helps you keep track of how much power you produce and consume with your solar electric system.

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There are a few simple things you can do to make the most of net metering.

• Make sure your energy usage doesn’t exceed the amount that the solar system was designed for. If you do exceed the amount of electricity produced or saved, you are charged regular rates for grid electricity.
• Be proactive about conserving energy! You can use a Time of Use Meter to monitor your energy use and capitalize further on your investment. Call for more information on Time of Use Meters.
• Know how much solar energy your system produces on a daily and monthly basis.
• Check your utility bill every month to ensure that you are credited or reimbursed for surplus energy produced.
• Be aware of your electric company’s net metering policies. Not all utility companies refund their customers for power in the same way. Some companies pay cash for excess power where others only offer credits.

Premier Power can help you find the best system to meet your needs and your investment in net metering. We’ll even handle all the paperwork for net metering. Give us a call today!