With the help of New England Solar Programs, homeowners and businesses can understand net metering in New England

As we move into 2023, many homeowners and businesses in New England are considering making the switch to solar power. One of the key benefits of going solar is the ability to participate in net metering, a program that allows homeowners and businesses to sell excess solar energy back to the grid. In this post, we’ll explore how to understand net metering in New England for 2023 with the help of New England Solar Programs.

What is Net Metering? Net metering is a program that allows homeowners and businesses to sell excess solar energy back to the grid. Under net metering, any excess energy generated by the solar panel system is sent back to the utility company, which credits the homeowner or business for the excess energy produced. This credit can be used to offset energy costs when the solar panel system is not producing enough energy to meet the home or business’s energy needs.

Eligibility: Net metering is available to homeowners and businesses in New England who generate their own electricity through solar panel systems. The rules and regulations for net metering vary by state, so it’s important to research the requirements in your state.

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Net Metering Limits: In some states, there are limits to the amount of energy that can be credited back to the homeowner or business. This limit is typically based on the size of the solar panel system and the amount of energy used by the home or business.

Calculating Net Metering: To calculate net metering credits, homeowners and businesses must track their energy usage and the amount of energy produced by their solar panel system. The net metering credits can be used to offset energy costs when the solar panel system is not producing enough energy to meet the home or business’s energy needs.

Benefits of Net Metering: Net metering can significantly reduce energy costs for homeowners and businesses in New England. By selling excess solar energy back to the grid, homeowners and businesses can earn credits that can be used to offset energy costs when the solar panel system is not producing enough energy to meet the home or business’s energy needs.

Net metering is a valuable program for homeowners and businesses in New England to make the switch to solar power. By understanding net metering and working with a qualified solar installer, homeowners and businesses can take advantage of this program and reduce their energy costs. With the help of New England Solar Programs, homeowners and businesses can understand net metering in New England for 2023 and take advantage of the many benefits of clean, renewable solar power.