Overview of Net Metering Benefits

Jul 31, 2024

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.