What is that?
Net metering helps commercial buildings lower energy costs while trimming carbon footprints.
Net metering is the difference between the electricity you generate versus what you actually consume from your utility company.
Unlike private residences, where the peak energy use is during the evenings and on weekends, in general, demand for electricity at commercial and industrial facilities occurs during the work week.
How does Net-Metering works?
When you have a rooftop solar system, it can often generate more electricity than you consume during daylight hours.
With net metering, the homeowner is only billed for the “net” energy used each month, that is, the difference between the energy produced by the solar power system and the energy consumed by the house over the monthly billing period.
When your business is net-metered, you’ll see the meter run backward, and that means, depending upon local policies, you may get a credit to hedge against the electricity you use from the grid when it’s not sunny or at nighttime. You are then billed only for your “net” energy use. The excess energy generated gets put back to the grid for your neighbors to use
What are the benefits of choosing Net-Metering?
The return-on-investment of installing solar is unlike other business investments. Within six-to-eight years, the system will pay for itself!
Solar systems rely on sunshine. Net metering allows businesses a way to automatically receive energy from the utility when needed and when extra energy is generated, to sell excess energy back to the grid, further offsetting the cost of using solar power.
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