Frequently Asked Questions
What are the advantages of net metering?
There are many advantages to net metering, especially for residential solar customers. Here are some of the biggest benefits: Save money on your electric bill – With net metering, you can offset your energy costs by supplying excess electricity back to the grid. This can help you lower your monthly electric bill, or even eliminate it altogether! In many states, consumers that generate their own energy via renewable means such as solar may be able to take advantage of “net metering” laws. This is a great way to offset the cost of your solar panels and make a little extra money in the process. Help the environment – By generating renewable energy, you’re helping to reduce our reliance on fossil fuels.
How does billing work with net metering?
You will receive one bill from your utility company each month. This bill will show the amount of electricity you have generated, the amount you have used, and the net amount. If you have generated more electricity than you have used, you will have a credit on your account that can be used to offset future energy costs.
Is net metering a good idea?
While there are some disadvantages to net metering, such as the lower credit you receive for your excess electricity, overall it is a good idea. Net metering helps encourage renewable energy development and can offset the cost of your electric bill. If you are considering solar for your home, be sure to check with your utility company to see if they have a plan that works for you or reach out to Phoenix Power so we can check for you.
How much money can you make selling electricity back to the grid in NC?
The amount of money you can make selling electricity back to the grid in North Carolina will depend on a number of factors, including the size of your system and the rate that your utility company pays for excess electricity. However, you can expect to receive a credit on your electric bill that will offset some of the cost of your solar system.
How do I get started with net metering in North Carolina?
Contact Phoenix Power and we will take care of that for you!
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Does North Carolina allow net metering?
Yes, North Carolina does allow net metering. Net metering is a billing arrangement in which excess electricity that you generate is credited against the amount of electricity you purchase from your utility. This allows you to offset the cost of your electric bill and encourages renewable energy development. North Carolina’s utilities are required by state law to offer net metering to their customers. However, there are some important details to be aware of. First, the credit you receive for your excess electricity will be based on the utility’s avoided cost rate, which is generally lower than the retail electricity rate. Second, net metering is only available for systems that generate less than 100 kilowatts (kW) of electricity.
Which states offer net metering programs?
Net metering programs are offered by utility companies in many states across the country. Some of the states with net metering programs include California, Colorado, Connecticut, Delaware, Hawaii, Illinois, Maine, Maryland, Massachusetts, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, Vermont, and Washington.
And we don’t know for how long the government will have the financial incentives for solar power. So it’s best to act now, taking advantage of net metering programs and investing on solar power so that you can lower your bills right now and have a financial surplus in the future.
How Do I Get Started?
We will determine if solar is the right fit for you plus find out if you are eligible for state and local solar incentive programs so you can get help paying for your solar system.
We will come to your home or have a virtual appointment where we explain all how the process of solar works and answer any questions you may have.
We will handle the process from A to Z including the paperwork, permits, solar system design and installation while you just relax and wait to enjoy your reduced energy bill.
Ask a question or request a free consultation through the form below.