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Overview of Net Metering Benefits
Jul 31, 2024
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Net Metering Program Overview
Introduction
Discussion about the net metering program by Encore.
Follow-up with neighbors regarding the program.
Email Notifications
Electric companies are promoting net metering.
Homeowners might receive emails from their electric companies about net metering.
Homeowner Benefits
Homeowners have no control over increasing power rates.
Net metering allows selling excess energy back to the grid.
Example: Neighbors have installed solar panels and are benefitting.
Providers and Billing
Providers like Reliant and Ambit involved.
Potential for negative electric bills when selling excess energy.
Example: A homeowner with $680 in bill credits.
Installation Costs
Zero money down for qualified homeowners.
Payment for solar replaces traditional electric bill.
Additional Information
Need to check a paper copy of the electric bill.
Mention of taking off shoes before entering a home.
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