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Simply put, solar panels convert the sun’s energy into usable electricity. The sun provides the most abundant source of energy. Solar panels are designed to capture that energy to provide electricity for your home.
Solar panels are comprised of PV cells that have a positive and negative layer that form an electrical field that creates energy.
Net metering is an agreement between the solar system owner and utility company that says excess solar power generated by solar panels that are sent to the grid will be exchanged for credits, which offset the electricity usage from the grid.
The credit is in the form of a one-to-one ratio, commonly referred to as the retail rate. This means that the utility company is purchasing that excess for the same amount they will sell it back to the homeowner of the solar system. By selling excess back, it can be used to cover the cost the homeowner may need to use from the utility company at a later time. You end up only paying for the “net” amount of energy, or the difference between how much you sold and actually used.
By selling excess back, it can be used to cover the cost the homeowner may need to use from the utility company at a later time.
Discover how you can take control of your residential power with zero up-front
out-of-pocket expenses and save big.
