The federal and state governments offer many incentives to encourage people to invest in solar systems, making the investment more affordable. Solar incentives are just one way to save money with a PV system.

Net metering in Florida allows solar system owners, both residential and commercial, to offset their monthly electricity costs by sending surplus energy back to the grid. The credits can be applied to their bills to cover their energy consumption during months when their solar system produces less electricity. Find out more about net metering and how 8MSolar can help you benefit from it in your area.

What is Net Metering?

Net energy metering, also known as net metering, allows users of renewable energy to sell excess energy back to local utilities for use in the local grid. Residential and commercial customers can benefit from this service. They can exchange their excess energy for credits to offset their monthly energy bill. Solar customers only need to pay the difference between their energy consumption and the excess they return to the utility company.

Benefits of Net Metering for PV System Owners

When residential or commercial customers invest in solar systems, net metering offers many benefits. By reducing their monthly electricity costs, individuals and businesses are more inclined to switch to solar power. The benefits of switching to renewable energy extend beyond individuals to society as a whole.

Economic Growth

Net metering protects your local grid by distributing surplus energy to residents and businesses. The extra electricity reduces energy loss during long-distance transmission and decreases wear and tear on your local grid.

Financial Savings

You can start saving money on electricity as soon as the sun rises. Net metering can offset the installation costs of solar systems, saving you money each month. Federal and local governments provide incentives to reduce costs. The overall bill for solar system owners is reduced or offset when the system produces less electricity.

Self-Reliance

Solar energy is a popular investment for those who want to reduce their dependence on fossil fuels and the electrical grid. Quality solar systems can increase your independence by providing enough electricity to run your home. You may be able to sell the excess energy produced by your solar system to the electricity provider for a credit or a discount on your monthly bill.

This post was written by Daniel Massaad, owner and expert solar technician at Energy Solutions Direct! ESD is the top choice for solar panels Tampa FL! Our licensed and certified contractors are masters of their craft; with years of experience servicing the great Tampa Bay area and beyond, the choice is simple. ESD excels at offering you the best in solar value!