How Net Metering Works?
Net metering is a system that allows residential or commercial solar panels owners to feed the excess electricity their system generates back into the general power grid. When the solar system produces more power than needed, the surplus energy is transferred into the grid, causing the utility meter to roll backward and create an energy credit. This process is reconciled monthly, with the owner billed for the “net” energy used, that is, the difference between the energy consumed from the grid and the energy contributed back to it.
What is the Solar Investment Tax Credit, and how do I benefit from it?
The Solar Investment Tax Credit (ITC) is a government tax break that reduces your tax bill, dollar for dollar, based on the money you’ve invested into a solar energy project. This is applicable to both homes and businesses and covers 30% of the cost of solar installations taking place between 2022- 2032. ITC benefits you by deducting a percentage of the cost of installing solar systems from your federal taxes, making it a more affordable option for you.
Will a solar system function during a power outage in Albany?
In the event of a blackout or power outage, the solar system is programmed to shut down automatically. This is to safeguard utility workers who might be repairing power lines. As a result, the solar system won’t provide power to the house during an outage. However, it will automatically resume operation when grid power is restored.
How is the Infinity Energy solar system better than others?
One way to avoid blackouts is by equipping your home with solar systems and IQ batteries. In the situation of a power outage, our IQ batteries provide backup that gives you enhanced control over your energy consumption. Fill out our free quote form to get an estimate about our solar panel service in Albany, or you can use our solar panel cost calculator to get an idea of how much going solar will cost you.