How Solar Leasing Works
Net-metering
Net-metering is the provision in many state laws that require power companies to give you credit for the solar power you generate through a REnU. This keeps your costs as low as they can be. Through your existing net-metering laws, you have the right to generate electricity and sell any excess to your utility.
Although net-metering laws vary throughout the States, the basic understanding is that any excess electricity delivered to the utility will be held as a credit; and if you use up that credit in the times that the REnU is not
generating electricity, then you – in effect
– will zero-out your credit with your utility.
So long as you do not use excess electricity,
then you should only have to pay a minimum line-connection
fee per month to your local utility. This small
monthly fee that you pay to your utility is essentially
the cost of having a redundant electricity supply
and a virtual storage for your self-generated
electricity.
Net-metering laws do vary state by state. A map of the existing net-metering laws is given below. Because some net-metering laws are unfavorable to customers, Citizenre recommends that no more than 100% of historical power usage be planned for in a customers REnU.
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