Along with being environmentally friendly, the use of an appropriately sized solar power system can dramatically reduce your electricity bill. And this is why an increasing number of people are opting for solar power these days. The savings you make depend on the amount of energy that your solar energy system generates.
Net-metering is a feature in solar energy solutions that can reduce electricity bills by exporting the excess solar PV production during daytime back to the grid. The exported units then net off the imported units, which results in lower electricity consumption from the grid.
How Does Net-metering Work?
Most of the rooftop solar system users face a generation-consumption mismatch, where the bulk of the solar PV generation happens in a time window (typically between 10 am and 2 pm) when the consumption is very low. This mismatch can result in wastage unless this excess energy is not stored in batteries or fed to the grid. The exported units can then offset the increased grid consumption (imports) in after-sun hours when there is no solar production and the running loads on the grid are high.
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