In today’s energy-driven world, soaring electricity costs have become a growing concern for homeowners and businesses alike. Fortunately, there exists a sustainable solution that can not only reduce your reliance on the traditional grid but also potentially eliminate your electric bill altogether – solar energy with net metering.
Lydian, an mtvSolar employee residing in Maryland, knows first-hand the transformative impact of solar power. With her solar system, she has achieved energy independence and financial savings that have surpassed her expectations. Her system paid for itself in a mere six years, thanks to the combined benefits of SREC (Solar Renewable Energy Credits) income and avoided utility costs. Today, her solar panels generate a continuous stream of free electricity, making her residence a revenue-generating home.
The key to Lydian’s success lies in the synergy between solar power and net metering. Net metering essentially acts as an energy exchange program. When your solar panels generate more electricity than your home consumes, the excess energy is sent back to the grid, earning you credits. These credits can be used to offset future electricity bills, effectively reducing your overall energy expenses.
How Does Net Metering Work?
The process of net metering is straightforward. When your solar panels generate electricity, it first powers your home’s appliances and lights. Any excess energy is then sent back to the utility grid, where it is distributed to other customers.
The benefits of net metering extend beyond financial savings. Solar energy is a clean and renewable source of power, reducing your carbon footprint and contributing to a more sustainable future. Solar panels can increase the value of your home and enhance its energy efficiency.
At the end of your billing cycle, your utility company compares the amount of energy you consumed from the grid to the amount of energy you generated and sent back. If you generated more energy than you consumed, you will receive a credit on your bill. This credit can be applied to future electricity bills, reducing your overall energy costs.
The Benefits of Net Metering
A Net-Zero Solar Powered Home Is Worth More With A Pearl Certification
Pearl Certification is one way to verify that a home is energy efficient in a variety of ways. Pearl Certification can increase the value of a solar-powered home. First, energy efficiency means that they will use less energy to heat and cool, which will save homeowners money on their utility bills. Second, Pearl Certified homes are healthier than non-certified homes. This is because they have better indoor air quality and fewer potential hazards. Third, Pearl Certified homes have better temperature control and humidity levels than traditional homes, making them more comfortable.
Pearl Certification can also specifically increase the value of a solar-powered home. Pearl Certified homes are more likely to have a higher quality solar installation because it requires solar installers to be certified by Pearl themselves. Third, Pearl Certified homes are more likely to have a solar energy system that is well-maintained because one of the requirements is to follow specific maintenance guidelines to achieve certification.
Because of these considerations, Pearl Certified homes with solar panels can sell for up to 17% more than non-certified homes. This is a significant premium, and it can make a big difference in the amount of money that homeowners receive when they sell a residence..
mtvSolar is committed to empowering homeowners like Lydian to embrace the benefits of solar power. With its team of experienced professionals, we offer comprehensive solar energy solutions, from initial consultation and system design to installation and maintenance. Our expertise and dedication ensures that your solar journey is seamless and successful.
