Imagine getting a credit from SoCal Edison instead of a bill. Net-zero homeowners rely on power from utilities at night but get credit for the energy they produce during the day that they don’t consume. If you live in a smart home with solar power and get involved with California’s net meter programs, your energy credits for the power you create and do not use. Shine sun shine.
Net metering allows homeowners to get credit for the power they produce at a retail rate rather than a wholesale rate…nice incentive, yes? There is currently a cap on net metering programs, but experts say the cap won’t be hit any time soon.
“The energy that I don’t use Edison buys from me,” notes green home owner Steve Rosen. “It looks like I may not have an electric bill next year, because the electricity, all of it is going to keep on adding to that credit. I still have to pay delivery and handling charges, but that is just a couple of bucks a month.”
Environmentalists began pushing for California to mandate that new homes come with renewable energy systems in the early 2000s, as the technology became more scalable and available. Now there’s no other way.
In 2008, California energy regulators adopted a long-term plan that called for having all new residential buildings achieve zero net energy use by 2020 and having all commercial buildings achieve zero net energy use by 2030. And…it looks like we just might get there.
Sunny day? Let it shine…and let it make you money.