What Is Solar Net Metering & How Does it Work?
Net metering makes it easy for homeowners to enhance the benefits of their investment in solar. This valuable incentive allows you to exchange excess solar electricity for credits with your utility company, helping lower your electric bill and reducing strain on the central grid.
Sustainergy Cooperative can help you take advantage of net metering and other solar incentives available in Greater Cincinnati and Northern Kentucky for solar panel installation. We’re a full-service residential solar and energy efficiency company with over a decade of experience in the area.
How Solar Net Metering Works
Solar panels convert sunlight into electricity for your home. On sunny days, they often produce more energy than you can use right away. Instead of wasting this extra power, net metering lets you send it back to the grid.
When you enroll in a net metering agreement, your utility company gives you credits on your account for the electricity you send to the grid. These credits can be used to buy grid-generated electricity when your solar panels aren’t producing enough power, like at night or on cloudy days. In the summer, when your panels generate a lot of power, you can bank credits to use in the winter when sunlight is more limited.
Net metering is currently available in Ohio and Kentucky, but policies are already changing. After California recently reduced net metering incentives for homeowners, Duke Energy followed suit and implemented reductions in net metering compensation in its service area, including Kentucky. With more potential changes looming, now is the time to go solar so you can lock in the highest possible net metering rate and maximize your savings.
Maximize Your Net Metering Savings with Solar Battery Storage
While net metering alone can provide significant savings, adding solar battery storage to your energy system can help you maximize these benefits even further.
More Renewable Energy - Use stored solar energy when your panels aren’t producing enough electricity to meet your needs, like at night or on cloudy days.
Backup Power - Use stored solar energy during grid outages to keep your essential appliances running.
Sustainergy Cooperative: Home Solar & Efficiency Experts in Greater Cincinnati & Northern Kentucky
As a high-performance solar installer in the Greater Cincinnati area, we have extensive experience with the incentives available to local homeowners, like net metering and the federal solar tax credit. We offer custom solar solutions, ensuring each system we install is optimized to meet specific energy needs.
Additionally, our home efficiency services can help maximize your solar system's efficiency and production. Improved attic and crawlspace insulation reduces your overall energy consumption, which makes it easier for your solar panels to meet your needs, so you can install a smaller and more affordable system. Our comprehensive approach to home performance can lead to even greater savings and a faster return on your home investment.
