Lower utility bills

What is Net Metering?

What is Net Metering?

It can be a bit confusing.

Will I get rid of my electric bill when I have solar power for my home?

Well…yes and no. 

Our goal is to eliminate your electricity expense and use the utility company for “storage” of excess power created during the daytime so you have a reserve for night time when the solar system can’t make power. Since they’re tracking the production of electricity they will still send an accounting each month. So yes, you will still get the bill but our goal is to eliminate the expense. Solar Edge and Radiant Solar Net Metering Inverter-panel-101718-2

 

How Net Metering Works

This process is called “Net-metering”. Here’s how it works.  The most common home solar installations are grid-tied systems that use a billing method called net-metering. With net-metering, the grid acts as your off-site storage.  You can use the energy your solar system produced at a later time and the utility company will pay you for any excess electricity you produce.

Explainer graphic for solar grid tied system and net metering [colors are bright blue background with solar panels and highlighted elements blinking yellow]. Graphic depicts the sun exposing solar panels by arrows directing the path electricity takes from the home to the inverter and then to the NetMeter and electric company power grid

A grid-tied system is one that is connected to the electrical grid through your power company.  When your solar system is making power during the day any excess power that it generates is sent back to the “Grid” and your power company keeps track of that for you. Now you’re making enough power to cover your own electricity use and get some credit back from the electric company. 

Except for “off-grid” applications, solar battery systems can be cost prohibitive and difficult to perfectly match the production and consumption of electricity for a normal home.

Here’s The Good News!

With net-metering you don’t need batteries to store the power your home needs for night and super bad weather days, we put the utility company to work for you to store and track production and consumption. 

Our team strives to design solar systems that will produce more power than the home uses so you can build up more credits. We typically recommend systems that offset your usage by 85%-95% so that your bill comes out as close to zero over the course of a year as possible giving you the best bang for your solar investment dollar. 

 

 

Radiant Solar Energy Update: Kentucky Homeowner Legislation 19RS SB100

July 7, 2021
Radiant Solar Energy Update ALERT
Kentucky Homeowner Legislation 19RS SB100

pdf icon for download Kentucky solar energy alert ⚠ Download Energy Update 

We know from reliable industry professionals and government officials that Kentucky Senate Bill100, effective January 1, 2020, has accelerated and is gaining ground FAST!

Energy experts regard the Bill as a huge win for Utility Companies and the Coal lobby. It was thought that our leadership in Frankfort would reverse the push forward but it appears to be going in the opposite direction, making it an unprecedented anti-Homeowner, anti-Solar energy law. 

KY-SB100, signed by the Governor in March, 2019, is a law that eliminates net-metering (the method of a customer and the utility billing each other for what they each produce and use) in Kentucky. That allows the electric company to NOT pay you back for making your own power. However, each utility has to apply to the KY-PSC (Kentucky Public Service Commission) to engage the law for their customers. 

Some Good News:

If Radiant Solar files for net metering before your utility company filings are approved then you will be grandfathered in for 25yrs and side-step the new rule. There is still time, but it is running seriously thin.

“This (SB100) is the Government and Big Power overstepping and making it extremely hard for homeowners to enjoy Affordable Energy Independence. Radiant Solar is in business because we support your right to make your own power and not be subjected to laws like this”

~ Joe “The Solar Guy”, Radiant Solar

Utility Company Status:

Kentucky Power – Filed, amendments pending approval
KU/LG&E – Filed, Under Review, approval anticipated
Duke Energy – Not Filed, expected to follow KP/KU/LGE soon
All KY CoOps –  Not Filed, no word on expectations but we assume they will follow the larger utilities lead.

If you are considering owning your power, instead of renting it, then this is an urgent request: Please reach out as soon as possible since the backlog of applications is growing and our processing folks are swamped with requests for assistance.

Radiant Solar is passionate about helping as many Kentuckians as possible while we still can and your request for a free home energy report or design proposal will be given #1 Priority!!! 

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