Net metering refers to a set of state rules that regulate how individuals can connect their distributed power systems (solar, wind, etc) to the electricity grid, and likewise how utilities are required to deal with these customers. Once we install your system you will have a new meter that will keep track of the kilowatt hours of electricity you are producing.
Net metering allows you to produce more power than you need at a given moment and send the excess back to the grid. Your utility meter will “spin” backwards, and the utility will credit your account for this production. In this way, your solar power system is able to produce excess power in the summer or in sunny weather, which you can then use at night, on a cloudy day or in the winter when you system is less productive. The utility effectively acts as a bank for the power credits you produce. These credits remain usable for 12 months, allowing you to purchase a net metered PV system that will produce power to cover your annual electricity costs.
2017 Solar Adder- Each kWh you produce will be monetized at the retail rate you are paying plus an additional $.04. So if you are paying $.148/kWh, you will be reimbursed at $.188 per kWh. This rate is guaranteed for 10 years.