The Advantages of Florida’s Net Energy Metering Program
The most obvious benefit of net metering is that this incentive dramatically shortens the payback period of your solar power investment:
So instead of needing 15+ years to break even, net metering helps your solar installation pay for itself in a fraction of the time. Thanks to this program, most of our clients enjoy payback periods of 7 to 10 years. And thereafter, all additional electricity is 100% free for the remaining lifetime of their PV systems.
As an added benefit, net energy metering also removes the need to install on-site batteries. Because your installation is connected to the utility grid, you’ll always have 24/7 access to reliable electricity – day and night.
However, enrolling in the state’s net energy metering program isn’t automatic. Below are the main eligibility requirements for this incentive: