Solar isn’t just good for the planet…it’s good for your wallet too.
Net metering is one of the best financial benefits of going solar. It is a billing mechanism that allows you to store your solar energy as a retail energy credit to be used at a later date.
As a residential solar owner, you remain connected to the grid. When your solar PV system is installed, a net meter is installed with it. This net meter tells the utility company how much energy your solar system is exporting to the grid. During the day, your solar system will likely produce a lot more energy than you’re actually using. All of that excess energy feeds back into the grid, and Con Edison will compensate you for it in retail energy credits applied to your future bills.
In this way, net metering in its current form could be considered a virtual battery. It allows you to utilize your solar production even when the sun isn’t shining.
NYC Solar Tax Incentives
Take Advantage While They’re Still Here
Solar incentives and sky high electricity rates make NYC one of the best solar markets in the country. Rebates and tax credits can cover up to 70% or more of gross costs for most projects.
The New York Times
reports that solar is booming
Its “canopy” system offers tilted panels mounted nine feet in the air, which leaves enough space for a firefighter to swing an ax underneath, according to the company. Interest in the product and others offered by Brooklyn SolarWorks seems to have ramped up quickly.
Be the first to get solar in your neighborhood!
Schedule a free consultation with a Brooklyn SolarWorks consultant today.