What is net metering, and how does it work?

What is net metering, and how does it work?

Net metering is a billing arrangement that allows you to earn credits for excess electricity your solar panel system generates and feeds back into the grid. During sunny days when your system produces more energy than your home consumes, the surplus is sent to the grid, and you receive credits on your electricity bill. During cloudy days or at night when your system doesn’t produce enough energy, you can use these credits to offset your energy consumption from the grid. Net metering essentially allows you to “bank” the excess energy your solar panels produce, making it a valuable incentive for homeowners in Missouri. It not only reduces your energy bills but also ensures that your solar investment provides maximum financial benefits.