Is Net-Metering a Net Negative?


What is Net-Metering?

Net metering is a program that allows consumers to generate energy from rooftop solar

panels for their own use and to offset the cost of any energy they purchase from electric

utilities. Because solar panels can be costly to purchase and install in homes, homeowners

generally finance or lease the cost of these solar panels.


The old adage is true: if you want to make an environmental impact, start with your own house. By converting their electricity use from fossil fuels or nuclear reactors and making it renewable (such as solar panels) people can help reduce carbon emissions that contribute toward climate change while saving money in energy costs!


The transition has been a success for both utility companies who are now able to invest back into infrastructure improvements necessary because of this increased revenue stream - but also homeowners who reap the rewards by lowering bills every month thanks to lower-cost options.


But wait, it's true that this program has given people more power at a reduced cost. However, many utilities and non-solar homeowners have suffered due to it because of how geographic location determines what you get - some areas with lots of sun in California will be able to get their electricity from wholesale prices while other places without enough sunlight experience higher rates like those found on fixed-rate plans where your rate does not change based off-hour or season (even though energy costs vary throughout different times).


Let's Take A Look At The Data

The price of energy is always changing, which makes it difficult for consumers to stay interested in their long term contracts. A better way would be if there were some type or tool that showed trends over time and helped you make more informed decisions when deciding what day's costs could potentially affect your future spending patterns! That’s where our moving average comes into play. The 3 day,and 4 models provides useful information about whether prices will go up or down based off previous performance as well as predicting how fast they might rise/fall each week going forward.


With the rise in popularity and cost-effectiveness, many people are turning to solar power. However without a strategy for storing this energy hungry technology we're left at risk should prices drop or skyrocket - which they did last year when unexpectedly low sunny days caused household batteries across America reach 100% capacity! The situation got so bad that some utilities had difficulty filling their quotas due load requests from customers who wanted constant access (and pay) even if there wasn't any sunamps.


The megawatt an hour price is a measurement of how much energy you can use and then sell back to your utility company when they need it most. This dip in prices around noon means that right now there are many people who have excess power at home, but by 6 PM those same homes may be running low on resources due to increased demand from residential customers.



The Future Of Energy

The market for energy is changing, and solar companies are at the forefront of this new change. The net metering incentive may have worked well when it was first implemented but now there's a lot more factors that need to be considered in order not only maintain affordability across state lines but also ensure an oversaturated industry doesn't face any obstacles along its path forward because they can create jobs right here locally!
















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