Who has net metering, and why does it matter?

Reader Contribution by Staff
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Can you afford solar-electric panels, or a backyard wind turbine? For a growing number of people, the answer is yes.

But how you answer that question depends a lot on your state’s net metering laws, because this one policy makes it much easier to pay for home solar or wind-electric systems.

That’s because net metering policies allow you to sell any extra electricity you produce back to the utility at the retail rate. It’s a simplified billing process where when you’re drawing electricity from the grid, your electric meter spins forward; when you’re producing electricity that you’re not using, your meter spins backward.

If you don’t have net metering, the utility can charge you more for the electricity you buy than you get for the electricity you produce. For a grid-connected wind or solar system, that makes a huge difference in how quickly the system pays for itself in reduced electric bills.

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