Yes, for the electricity. There will be a service charge (or a meter charge) that is a flat rate and is still paid no matter what. Mine, in Western NY, is $17. As you can see from other comments some are much higher. This has nothing to do with the solar... you're paying it now. It will be on your bill somewhere.
Do you have battery backup? What about at night, does the net metering cover the power you use at night and in the winter/summer when using heat and AC?
I currently do not have battery back up. Net-metering basically turns the meter backwards when generating excess electricity, giving you credit, which then gets used at night.
Looking into solar myself. Does the net metering (if we produce more than we use) go towards the monthly service fee (meter fee). Our service fee is over $50.00/month and net metering doesn’t help pay that off, that’s a big deal for us. Thanks
All suppliers are different and it varies considerably from state to state. Our service charge is $17 a month. Yes, you pay that no matter how much you produce. $50 service fee is steep! The thing is, you're paying it either way.
Crazy thing is that companies seem to be raising their monthly service fees to ensure they are paid something. All that will do is encourage more people to install batteries and cut them out altogether. That's definitely where I'm heading.
Not my kind of meter. I have a Honeywell Type: A4RES. The display cycles through power from company to customer, from customer to company, and error codes. The power readings only count up. The meter is never zeroed. Until 10/2034 my produced power is deducted from power received, 1 to 1. True Net Energy Metering. Remember: All energy is local. Solar doesn't make sense for everyone. Someone installing solar today where I live under the terms available today will never break even.
Well explained. Thank you.
Darn good job explaining thank you sir
What it means when I get a D3 error on the meter???
so if bill from Jan to May goes into 15000 credit and June bill is 15000 so consumer will pay zero bill right?
Yes, for the electricity. There will be a service charge (or a meter charge) that is a flat rate and is still paid no matter what. Mine, in Western NY, is $17. As you can see from other comments some are much higher. This has nothing to do with the solar... you're paying it now. It will be on your bill somewhere.
Do you have battery backup? What about at night, does the net metering cover the power you use at night and in the winter/summer when using heat and AC?
I currently do not have battery back up. Net-metering basically turns the meter backwards when generating excess electricity, giving you credit, which then gets used at night.
Looking into solar myself. Does the net metering (if we produce more than we use) go towards the monthly service fee (meter fee). Our service fee is over $50.00/month and net metering doesn’t help pay that off, that’s a big deal for us. Thanks
All suppliers are different and it varies considerably from state to state. Our service charge is $17 a month. Yes, you pay that no matter how much you produce. $50 service fee is steep! The thing is, you're paying it either way.
@@KevinBlakely - thanks, great information. BTW, the quote we got was for 26 panels at $56,000 or a 25 year loan with payment of $188.00/Month.😳
@@D-Allen Wow! My system is 12.4 kW. That's 40 panels. It was closer to $30k. Insentived may be different from state to state? Shop around.
Crazy thing is that companies seem to be raising their monthly service fees to ensure they are paid something. All that will do is encourage more people to install batteries and cut them out altogether.
That's definitely where I'm heading.
Not true. If you don’t pay taxes you don’t get the rebate. For 20 panels it is $43020. There is no interest free anywhere.
Not my kind of meter. I have a Honeywell Type: A4RES. The display cycles through power from company to customer, from customer to company, and error codes. The power readings only count up. The meter is never zeroed. Until 10/2034 my produced power is deducted from power received, 1 to 1. True Net Energy Metering. Remember: All energy is local. Solar doesn't make sense for everyone. Someone installing solar today where I live under the terms available today will never break even.