WHAT ARE THE BENEFITS OF NET METERING TO ME?
4) First, net metering allows you to get full retail value for most, it not all, of the electricity you produce. It does this by permitting you to put any excess electricity you generate back into the electric grid and retrieve it later, free of charge, for your use. Your excess electricity now offsets electricity you would otherwise have to buy at full retail prices. Getting this high retail value for your excess electricity makes owning your own generating system more cost-effective. Secondly, because net metering permits you to effectively “store” your excess electricity on the electric grid, you can also now size your system larger and offset more of your annual electricity needs. Without net metering to give value to this “excess” electricity, you might otherwise make your generating system smaller to minimize the amount of time your system produces electricity in excess of your immediate needs. Unfortunately, a smaller system also means that you would produce less electricity whe
