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Net metering is a system that allows homeowners and businesses with solar energy systems to earn credits for any excess electricity they generate and send back to the grid. These credits can then be used to offset their electricity costs when they draw energy from the grid. In this article, we will explore the benefits and drawbacks of net metering.
Benefits of Net Metering:
Drawbacks of Net Metering:
As you can see, net metering can be a valuable incentive for homeowners and businesses to invest in solar energy systems and reduce their energy costs while also contributing to a cleaner, more sustainable energy future. While there are potential drawbacks to net metering, such as potential grid cost shifts and limited availability, the benefits of net metering can be significant for those who have access to it. When considering net metering, it is important to research the policies and regulations in your area, as well as the upfront costs and potential long-term financial savings, to determine if net metering is the right option for you.
When considering investing in solar energy for your home or business, there are several financing options to choose from. Two popular options are solar loans and Power Purchase Agreements (PPAs). In this article, we will compare the two financing options to help you decide which is the best fit for your needs.
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