You pay a flat monthly fee and get to use 100 of your system s production.
Getting paid to sign up solar panels customers.
As is the case with most utilities around america tampa electric no longer offers up front cash incentives paid by the utility to encourage their customers to install solar panels.
For many homeowners adding solar panels to their property provides major savings and improves the value of their home.
Households that choose to rent solar equipment have two primary choices.
Solar produces energy at a fixed cost while pg e increases their prices every year.
There are some upfront incentives available for customers on low incomes and some available for new home construction.
The feed in tariff has been very successful in germany which has been the most successful country in the world in encouraging people to install solar panels at their home.
Residential customers get 30 off their monthly power bill for participating.
Solar lease billing and power purchase agreements ppa.
Power purchasing agreements solar ppas are similar except instead of renting the equipment for a set fee each month you buy power from the installer at a flat rate per kwh.
Will i get paid if my solar system produces excess energy.
After the system is paid off it generates electricity for free.
Your solar system will pay itself off in typically 5 7 years.
Aps says the program gives limited income customers access to rooftop solar panels which are installed at no cost to them.
That free electricity adds up over time.
With net metering you are also able to get credits per kwh of electricity your solar panels produce.
Utilities companies may also voluntarily offer a feed in tariff just like the one offered by dominion virginia power as reported at www eia gov.
Each offers its own advantages.
If you are one of the skeptics out there who thinks this sounds like a scam this article may help you to understand what customers are actually getting when they sign up for no cost solar panels and installation.
After that you are producing free electricity.
There may be some upfront incentives available for customers on low incomes or other specific circumstances but none for general residential customers.
You have probably seen advertisements that say free solar panels or pay 0 for solar panels and installation.
Net metering is a policy whereby the utility compensates homeowners for the excess power they produce at the same rate the customer pays for the power they purchase from the grid.
Most states have adopted net metering laws as a requirement for electric utilities operating in the state.