Energy Bill Saver

With the introduction of net metering and feed-in tariff (FIT) schemes, homeowners can now “sell” excess electricity, or receive bill credits, during times when they produce more electricity than what they actually consume.This means that homeowners can reduce their overall electricity expenses by going solar. Data from One Block Off the Grid reveals that adding solar panels to your home can bring in monthly savings of well above $100 in many states.Nowadays, most homeowners choose leasing or power purchase agreements to finance their solar panels. This drastically reduces, or in some cases completely eliminates, the upfront costs of a solar panel system, and allows homeowners to start saving money from the first day.