How 1:1 Net Metering in Ohio Can Eliminate Your Electric Bill
What is Net Metering?
Net metering is a system that allows people who have solar on their homes to send the over production their systems produce back to the grid for energy credits. These credits offset the cost of electricity you use when your solar system isn’t producing power, such as at night. For the utility companies that offer 1:1 net metering programs you get equal value for your excess solar power. This eliminates the need to add a battery onto your system to store excess power. Every kilowatt-hour (kWh) of solar energy you send to the grid, you receive a full credit for the same amount of power. You will use your net metering credits in times where your solar is not producing, like at night or on winter days when there is snow on the panels. Taking advantage of 1:1 net metering makes a huge difference in the cost of solar - without 1:1 net metering you would need to have a battery to store the excess solar power, sometimes multiple batteries would be needed to store all of your over production.
How Net Metering Can Eliminate Your Electric Bill
If your roof or yard has enough space to fit a solar system that produces all of the energy your home consumes you can fully offset your energy costs with 1:1 net metering. Heres how it works:
Imagine a bright summer day, your solar may produce more energy than your house is consuming. On those days that overproduction is then sent back to the grid.
You would be credited to your account for every kWh of excess energy you sent back to the grid.
At night or on cloudy days, you use electricity from the grid, but those net metering credits you’ve built up cover your usage, meaning you don’t pay for the usage since you’ve already produced it.
Do All Utility Companies Offer Net Metering?
While Ohio law requires utilities to offer net metering, each company may have different policies. Some key providers offering 1:1 net metering include:
AEP Ohio
Duke Energy
FirstEnergy (Ohio Edison, Toledo Edison, The Illuminating Company)
AES Ohio
Cleveland Public Power
How to Get Started with Net Metering in Ohio
Install a Solar System - Work with a reputable solar provider to design a system that matches your energy needs.
Apply for Net Metering - Your utility company will require a net metering application, your solar company should assist with this application.
Get Your System Approved & Activated - Once approved, your net meter will track both energy production and usage.
Start Earning Credits - Excess energy will be sent to the grid, reducing or eliminating your bill.
Is Net Metering in Ohio Changing?
Net metering policies can change, and some states have reduced their credit values overtime while grandfathering in people with existing 1:1 net metering agreements. Many Ohio utilities currently maintain a strong 1:1 net metering program, but it’s wise to lock in your savings by going solar sooner rather than later.
Take Advantage of 1:1 Net Metering in Ohio Today!
If you’re considering solar, now is the time to start the process. By installing a properly sized solar system, you can eliminate your electric bill and gain energy independence. Ready to eliminate your electric bill? Contact us today to see how you can maximize your savings!
