Net Metering

Net Energy Metering (NEM)

Net metering is a valuable benefit for Florida residents with grid-tied solar systems, allowing homeowners to save significantly on their electricity bills—and in some cases, even earn money from utility companies. This system enables you to send excess solar energy back to the grid, and in return, you receive credits that offset your future electricity usage. Depending on your energy production, these credits can add up, providing significant savings over time.

When combined with other factors like time-of-use rates, which incentivize solar production during peak demand hours, and federal tax credits, residential solar owners in Florida can maximize their financial benefits more than ever before. These combined savings create a powerful opportunity for homeowners to reduce their energy costs, accelerate their return on investment, and contribute to a more sustainable future.

How Net Metering Works

Solar systems generate electricity to power your home, but they often produce more energy than you need. This excess energy can be stored in your home battery backup or sent to the grid, where it’s bought by utility companies. When you send surplus solar power to the grid, you earn energy credits that help offset your future electricity costs.

At the end of the year, any remaining credits are paid out to you by the utility company. That’s right—by going solar, you can actually get paid for the extra energy you generate! It’s a win-win for both your wallet and the environment.

Florida Utility Companies Offering Net Metering

All Investor Owned Utilities (IOUs) in the Sunshine State must abide by Florida’s net energy metering law. Luckily, the IOUs provide most of the state’s residential power. You can apply for the program with your local energy provider to ensure your home system is compatible with Net Metering. Once approved, you’ll get a new energy meter that measures the excess power you send back to the grid. Individual net metering provider details are linked below!