CAN I SELL ENERGY BACK TO MY ELECTRIC PROVIDER

17 Mar

CAN I SELL ENERGY BACK TO MY ELECTRIC PROVIDER

Yes. Most utility companies offer a buy-back program for unused energy provided to your home. With the use of a Net Meter, companies are able to calculate how much energy is being returned on a daily basis. Utility companies provide customers with a bill credit to be applied to any monthly energy and connection charges that may occur. In some cases, a utility company may provide a cash payout at the end of the year. Often times the credits are calculated at a wholesale rate which is a lower amount than the retail rate that you pay to use the energy.

 

You can drastically reduce your energy dependency from your utility company by switching to a clean solar energy product and even make some money from your investment. While it is not likely that you will get rich from selling energy back to your provider, you can see a substantial reduction in your monthly energy costs which translate into big savings for your household or business over the life of your home. To learn more about how much money you can save (and even earn) by switching to a solar energy product, schedule a complimentary Energy Evaluation with a ProChoice Solar Consultant today.

 

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