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Net Bill

net metering

Net Bill

Allows you to sell the surplus electricity generated by your solar panels back to the grid and receive compensation.

  • Electricity Generation: Your solar system produces electricity for your home or business.

  • Excess Electricity: Any surplus energy is fed into the grid.

  • Compensation: You are compensated for the surplus electricity, although this rate is generally lower than the cost of grid electricity. This payment helps reduce your overall electricity expenses.

  • Electricity Usage: During periods of low solar production, such as at night, you draw electricity from the grid and are charged at the standard rate.

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