Tag Archives: net metering

net billing

Net metering vs. net billing: what to know about solar production compensation

In a perfect world, your home’s solar system would precisely meet your electricity demands – nothing more and nothing less. In reality, there will be days when your panels produce more electricity than you use (sunny summer days), and days when they won’t produce enough (shorter, cloudier days and nights). When this happens, net metering and net billing allow you to essentially use the grid as storage; excess energy produced by your panels transfers to the grid in exchange for credits. In times when your solar system isn’t able to meet your energy needs and you need to pull electricity from the grid, you can use these credits to compensate.

In this article, we explain the difference between net metering and net billing compensation structures, different types of net metering and net billing, and where these programs are being offered across the country. 

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NEM 3.0

Net metering 3.0: what does it mean for you and how can you help?

If you look at the best solar markets in the U.S., they all have one thing in common: a strong net metering policy. Net metering–or NEM–allows you to earn credits for any excess solar electricity you send to the grid when your solar panel system generates more than you need. 

Soon, California will release the third iteration of net metering, or NEM 3.0. In February 2022, the state of California decided to delay making a final decision on net metering until further notice. As of November 2022, the California Public Utilities Commission (CPUC) plans to make a final decision on December 15th 2022 and NEM 3.0 could go live as early as April 14th, 2023. We don’t know exactly how credit values will change, or what they’ll change to, but we do know that whatever happens will have large implications for the country’s leading solar market. We’ll continue to keep this article updated with the most recent news on NEM 3.0, and in the meantime, discuss some of the proposed changes to the state’s current net metering policy, along with timelines.

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Virtual net metering

What is virtual net metering?

Virtual net metering, put simply, is net metering for electricity generated by a solar system that is located at a different place than where the energy is consumed. If you’re a community solar customer (or you’re thinking about becoming one), you’ll want to familiarize yourself with virtual net metering. Lucky for you, we’ve got you covered!

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New Homeowners

First-time homebuyer? Why solar should be your next big investment

If you just purchased your first home, first of all, congratulations! Buying a home is no small feat and immediately planning your home’s upgrades may feel overwhelming–but we’re here to help! When it comes to solar, we think it’s a great upgrade for first-time homebuyers because solar saves you money in the long run and increases your home value. We’ve laid out some key questions to answer when making the decision to go solar as a first-time homebuyer.

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solar panel generating electricity for a home

How do solar panels work? The science of solar energy explained

Solar panels harness the sun’s energy to generate usable electricity. At a high level, solar cells absorb incoming sunlight to generate an electrical current through what’s known as the “photovoltaic effect”. This electrical current is captured by plates and wires and turned into a usable energy current that is sent to your home and appliances. In this article, we’ll break down exactly how solar panels produce renewable energy for your home.

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Texas electric choice

Texas electric retail providers: what does it mean to have a “deregulated electricity market?”

Texas experienced a series of devastating power outages in February 2021 that some are blaming on its instability caused by its deregulated electricity market. However, proponents of deregulation say that it can help cut down on costs and improve services to customers. Given this recent discussion, we will explain what having a deregulated electricity market means, how Texas’s electric choice affects customers, and how it can impact your savings with solar. 

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how many solar batteries do you need

How many solar batteries do I need?

Solar batteries are becoming more and more common for individual homeowners, and just like solar panels, the exact battery installation you should get depends on your unique situation and what you want to get out of energy storage. The question “how many solar batteries do I need?” doesn’t have a straightforward answer – in this article, we’ll outline the major factors that contribute to the size of a battery system, and around how large your solar battery setup should be.

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