Net Metering

Overview of Net Metering

  • Solar energy runs your electrical meter in reverse to reduce your net electricity consumption
  • Excess production is not purchased by the utility, although energy credits can be carried forward to the next month for up to 11 months
  • Most appropriate for households that already have a microFIT system and want to do more

What You Can Expect from a Net Metering System

  • The cost a 10kW Net Metering system will typically be under $30,000
  • You could expect a 10kW system to offset about $2000 in electricity costs annually based on the current price of electricity. As the price of electricity increases, you save more!