In my inaugural post, I went over why solar makes sense from a financial perspective. It is a sound investment that will provide you at least a 10 percent return on your initial investment for the next 30 years. Now the question is, “Hey Chris, how do you make money on solar?”
The answer is that solar saves you money through a program called net metering.
To start off this explanation, it is good to review your utility bill. Your utility bill has in it many line items for supply and delivery broken out into many different costs per kilowatthour (kwh). Kilowatt-hours are measurements of power used by you over a period of time, usually the billing cycle. (more…)