While the technology behind solar power systems may seem complicated, when broken down, how solar power works is easy to understand. Any home that is connected to the electrical grid has a utility meter that measures and supplies power, and is provided by the local energy provider. Solar panels installed on your property are eventually connected to your home’s utility meter. The power produced by your solar system can actually be accessed and measured by this meter.
House owners and commercial establishments in the country have access to net-metering, the first non-fiscal incentive program under the Renewable Energy Act of 2008. With net-metering, you can send power to the grid when your solar system is overproducing (like during sunny summer months) in exchange for credits on your electric bill. The excess power generated from the solar PV installation will be delivered to the local grid and will be used to offset the user’s electricity consumption. Then, during hours of low electricity production (such as nighttime or when the weather is cloudy), you can draw extra energy from the grid and meet your household electricity demand.
In other words, users become “prosumers” or producers and consumers of electricity at the same time. As a result, you will be able to generate savings on your electricity bill and become protected against future electricity price hike. In a sense, net metering offers a free storage solution to solar powered-property owners, making solar an all-in-one energy solution. Considering that most people are reluctant of going solar, thinking what to do at night or on days with inclement weather, a free storage solution as efficient as net metering is a turning point in terms of solar adoption.
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