Getting Paid To Sign Up Solar Panels Customers

Net metering is a policy whereby the utility compensates homeowners for the excess power they produce at the same rate the customer pays for the power they purchase from the grid.

Getting paid to sign up solar panels customers.

If you are one of the skeptics out there who thinks this sounds like a scam this article may help you to understand what customers are actually getting when they sign up for no cost solar panels and installation. The contract in a solar lease stipulates that your solar provider fund the financing permitting and installation of a home solar system for little or not cost. For many homeowners adding solar panels to their property provides major savings and improves the value of their home. After that you are producing free electricity.

As is the case with most utilities around america tampa electric no longer offers up front cash incentives paid by the utility to encourage their customers to install solar panels. You pay a flat monthly fee and get to use 100 of your system s production. Households that choose to rent solar equipment have two primary choices. That free electricity adds up over time.

There may be some upfront incentives available for customers on low incomes or other specific circumstances but none for general residential customers. As is the case with most utilities around america duke energy florida no longer offers up front cash incentives paid by the utility to encourage their customers to install solar panels. Going solar is a major step towards a more sustainable energy source and monthly utility savings. Most states have adopted net metering laws as a requirement for electric utilities operating in the state.

Residential customers get 30 off their monthly power bill for participating. The feed in tariff has been very successful in germany which has been the most successful country in the world in encouraging people to install solar panels at their home. Each offers its own advantages. Solar lease billing and power purchase agreements ppa.

Power purchasing agreements solar ppas are similar except instead of renting the equipment for a set fee each month you buy power from the installer at a flat rate per kwh. Aps says the program gives limited income customers access to rooftop solar panels which are installed at no cost to them. Utilities companies may also voluntarily offer a feed in tariff just like the one offered by dominion virginia power as reported at www eia gov. With net metering you are also able to get credits per kwh of electricity your solar panels produce.

After the system is paid off it generates electricity for free. Your solar system will pay itself off in typically 5 7 years. Will i get paid if my solar system produces excess energy.