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Net metering in Ohio
What is net metering?
Net metering is a billing arrangement where customers who produce their own electricity can receive a credit on their electric utility bills for any extra electricity produced by the customer that flows back onto the electric utility’s distribution system.
Generating your own electricity may reduce your electric bill in two ways:
The electricity you produce displaces electricity you would otherwise have purchased from the electric utility (or from a competitive supplier); and
Your electricity bill is lowered by the amount of electricity your generating system feeds back onto the electric utility’s distribution system.
How does net metering work?
If you want a net metering billing arrangement, your generating equipment must be interconnected to the local electric utility’s distribution system. You must also use an advanced meter capable of registering the flow of electricity in each direction. Whenever your generating equipment produces more electricity than you need, the extra electricity flows backward through the advanced meter on your property making it turn in reverse. This reverse metering is “netted” against your total energy usage for the month in the form of a bill credit, thus lowering your electric bill.
What happens to that credit?
Net metering credits can be used to offset charges in future months and will continuously carry forward on future bills. Credits are associated with your current premise and may be lost if you relocate or stop taking service from the electric utility.
2 things are promised tomorrow, the Sun will rise, and so will electric bills. Start turning your liability into a asset.
30% federal Tax credit towards your purchase of solar.
Those who install a PV system between 2022 and 2032 will receive a 30% tax credit. That will decrease to 26% for systems installed in 2033 and to 22% for systems installed in 2034. If you’ve already installed a system in 2022, your tax credit has increased from 22% to 30% if you haven’t already claimed it. Sep 8, 2022
- Our sales engineers have experience & can design any system.
- We must go above our customer expectations during interaction.
- Our industrial solar systems are designed to reliably power.
A monocrystalline solar panel is a solar panel comprising monocrystalline solar cells.
These cells are made from a cylindrical silicon ingot grown from a single crystal of silicon of high purity in the same way as a semiconductor. The cylindrical ingot is sliced into wafers forming cells.
Improving the energy efficiency of a structure
With the production of solar electricity, you are less dependent on the power grid and its pricing policy. There are no moving mechanisms and components in the solar power plant that require constant maintenance and checks. Solar panels improve the energy label of a building and, in the case of new builds, are the most cost-effective way to achieve energy efficiency goals.