One of the many benefits of solar energy is the policy of Net Metering. Many states across the U.S. have adopted Net Metering policies to help property owners offset their energy use. In Massachusetts, Net Metering allows property owners to send excess energy produced by their solar system out onto the grid and receive a credit in return on their electric bill. This is particularly beneficial in regions with significant seasonal weather changes, such as New England. In the summer months when the panels produce more energy than what is used, a credit balance will accumulate on your electric bill. The idea is that the credit will carry through into the winter months when the system is not producing as much energy, and you must draw from the grid.
As you may well be aware, your home or business has a utility meter that measures the amount of energy being drawn from the grid. When you install a solar panel system, the utility company will install a net meter, which will measure both incoming and outgoing electricity and display the difference or the “net” amount. If the net value is positive, you must pay the electric company for the excess consumption. If the net value is negative, you will receive a credit for the excess energy sent out to the grid. Anytime your system produces more energy than you consume you will generate a credit against future electric use.
If you are interested in solar and want to learn how you can benefit from net metering, contact SunPower by E2 Solar for more information.
Thoubboron, K. (2018, January 16). Net metering in Massachusetts: What you need to know. EnergySage Blog. Retrieved June 23, 2022, from https://news.energysage.com/net-metering-massachusetts-top-solar-incentive/