#energy + #electricity

Average Price of Electricity to Ultimate Customers

Net Metering is the agreement utility customers enter with their electric utility provider to save money on their electricity bill with solar energy systems. Any excess electricity generated is fed back into the grid, spinning your meter backward and earning credits that offset future electricity consumption, effectively lowering overall energy costs. The rate at which you export energy is the same as the rate at which you purchase, a 1:1 rate. These credits roll over monthly but reset annually on March 31, aligning with solar generation patterns to optimize the utilization of solar-generated electricity.