At Purelight Power, we understand that switching to solar energy can be a big decision. That’s why we want to ensure you have all the information you need to make an informed choice about your energy options. In addition, net metering may be available to you as a solar panel owner in St. Louis.
Net metering is a billing system offered by many electric utilities, including Ameren Missouri, that credits solar panel owners for the excess electricity they generate. By participating in this program, you can offset the cost of your monthly electricity bills and protect yourself against rising energy costs. Plus, by generating your electricity through solar panels, you will help reduce your carbon footprint and help the environment.
How does net metering work?
Net metering allows you to offset the cost of your monthly electricity bill by generating your electricity through your solar panel system. When you produce more solar energy than the electricity that you need, the excess is sent back to the grid. Your utility company will then credit your account for this excess electricity at the same rate you are charged for the electricity you use from the grid.
For example, let’s say you have a solar panel system that generates 10 kilowatts of electricity on a sunny day, but you only use 6 kilowatts. The remaining 4 kilowatts will be sent back to the grid, and you will receive a credit on your next electricity bill for the value of those 2 kilowatts.
It’s important to note that net metering only works if connected to the grid. Therefore, you will only be eligible for this program if you are on the grid.
What are the benefits of participating in net metering?
For starters, you can save money on your electricity bills. By generating your electricity, you can offset the cost of your monthly electricity bills. In some cases, you may even be able to eliminate your electricity bills if your solar panel system produces more electricity than you use.
In addition to saving money on your bills, you can protect yourself against rising electricity costs. Electricity prices can fluctuate significantly over time, and by generating your electricity, you can insulate yourself against these fluctuations.
So, what’s the next step if you’re interested in signing up for net metering as a solar panel owner in St. Louis? The first thing you’ll need to do is make sure your solar panel system meets the requirements set forth by Ameren Missouri. This includes having a properly installed system that meets all safety standards.