SOLAR INCENTIVES – NET METERING
With Net Metering In Florida, Solar Practically Pays For Itself.
Net metering directs your excess solar energy to the public power grid, gaining you credit on your next electric bill. This means keeping more money in your bank while your solar panels do all the work.
Gain passive earnings with your solar panel system from Solar Bear today!
Net Metering Pays You For Doing Nothing
In Florida, any collected solar energy that isn’t directly used or stored away gets put onto the main electrical grid. This adds credit to your account which you can use towards your monthly electric bill.
Any leftover credit by the end of the year is then paid out in cash. With a big enough setup, you could be raking in substantial paychecks from your local electric company every year just by owning solar panels.
How Much Can I Get Back With Net Metering?
In Florida, the exchange rate of energy credits to standard energy costs is one-to-one (kilowatt to kilowatt). Homeowners have seen average savings ranging from $50-$300 a month through net metering.
Electric companies in Florida that allow net metering include:
- Florida Power & Light
- Duke Energy
- Florida Public Utilities Company
- Tampa Electric Company
These are all of the major and well-known electric companies throughout Florida, making it easy for homeowners across the Sunshine State to apply for net metering in their area.
The Perks of Going Solar With Solar Bear
When you trust Solar Bear to set up your new solar panel system, we will make sure your home is set up for net metering so you can bring in the cash! We do all of the hard work for you so all you have to do is sit back and watch the savings pile up.