What is Net-Metering?
Net metering is a new innovative program that allows homeowners to offset their rising hydro bill while maintaining complete ownership of a solar panel system.
How Does Net-Metering Works?
The process is simple. Customers with a purchased solar panel system can trade in their produced energy to the hydro company to cover the cost of their used energy. Essentially, if you make as much as you consume, your net hydro cost will be reduced to $0 at the end of the month. If extra energy is produced, that amount can be moved to a credit account that will be used to offset hydro costs in the case of production shortages on your part for the next 11 months.