Net Energy Metering and Your Bill

How Does Net Energy Metering Work??

Net energy metering (NEM) benefits property owners with solar roofs. With NEM, when your solar roof generates excess energy, your utility company credits you for it. NEM is a win-win for both you and the environment—you could potentially make your electricity bill a thing of the past and contribute to a more sustainable world.

How Does NEM Boost the Cost-Effectiveness of Solar Energy Panels??

Solar roof panels have several advantages for your home. However, when you join an NEM program, the savings and benefits increase. Depending on the company, most NEM programs allow energy credits to carry over from month to month, ensuring you save the maximum amount of money. Excess credits tend to accumulate in the summer months, since the days are longer and sunnier. You may also consider saving up your summer credits to use in the winter.

What States and Cities Have Access to Net Metering??

Net metering is mandated in 38 states and Washington D.C. Full-retail net metering programs are available in 29 of those states, while the remaining 17 states offer alternatives to this program. Additionally, some major utility companies in Idaho and Texas offer NEM to their residential customers with solar roofs, although they're not mandated to do so.

South Dakota and Tennessee are the only states without NEM alternatives are. Countless utility companies in the U.S. are trying to eliminate NEM programs entirely, in effort to increase their company's annual profits. Because of this, NEM privileges have already been revoked in some states, including Louisiana and South Carolina.

Shorter Payback Periods?

Residents in NEM-mandated states benefit from shorter payback periods. Since solar homeowners save more money on their electricity bills, they get paid faster. Depending on your area, there may be solar incentives and rebates available, as well. Other factors that affect payback periods include:

• Size of solar roof system?
• Amount of electricity used?
• Installation cost

ROOFCORP Specializes in Sustainable, Cost-Effective Structures

ROOFCORP admires and supports your sustainability efforts. We take pride in helping our customers create a cleaner, safer, and more energy-efficient world. That's why we offer solar roof options for homes and businesses. We take great care of your property, from inspection to installation.?

ROOFCORP provides excellent customer service and long-term solutions. Whether you're a homeowner or business owner, you need a money-saving roofing system that provides a great return on investment. Call ROOFCORP to discuss your needs and put the perfect plan in motion.