As more homes and businesses turn to solar energy, you might begin to hear terms like Net Aggregate Metering (NAM) being used more often. Such concepts have come up to help solar users integrate their solar systems into the power grid and thus benefit from any excess energy that their solar energy systems produce. In this article, we will explain the term as well as give you practical ideas on how you could benefit from NAM.
The Basics: Why Go Solar?
Solar energy is practically inexhaustible. The sun generates a tremendous amount of energy and this can be converted into usable energy through solar energy systems. This inevitably leads to more households and businesses integrating their grid energy with solar energy. The driving reason for this is to lower energy costs as well as take advantage of varying energy rates at different times of the day. This integration between solar energy and grid energy is what has given rise to the concept of NAM.
Net Aggregate Metering Explained
As your solar system generates energy, it is possible that you might produce more energy than you need. If that happens, you are able to put some (you might have a solar battery installed to soak up some of the excess) or all of it back into the main grid. This then gives you credits that you can use to offset any grid energy that you may require at another time. In some states, you are able to use those credits not just on the meters that are linked to the solar system but also on other units that may not be linked to the solar energy system at all. To give an example, imagine a building that has a well exposed roof and which is subsequently used to generate solar energy. However, that building also happens not have very high energy use and therefore sends a lot of unused energy back into the grid. Across the complex however is another less-exposed building with very high energy needs. What NAM means here is that the building with excess solar energy can accumulate credits that can be used to offset the grid energy bill of the second building even though the two buildings use different meters.
Why Net Aggregate Metering is Beneficial
In its simplest form where you get credits for excess energy that goes back into the grid, the concept of NAM helps a homeowner lower their energy bill by ensuring that any excess energy generated is not wasted but can be used to lower the overall energy bill of the household. It also helps offset differentials in generation and usage meaning that the homeowner can send to the grid any energy generated during the day when typically the household’s energy requirements are low and redeem these credits from the grid at night when household energy requirements are high. However for large energy users such as a farm or a commercial enterprise, NAM enables them to go a step further by having one solar installation with the benefits of any excess energy generated there spread around to other units that are not linked to the solar energy system.
NAM Means More Reasons To Go Solar
Policies such as NAM add to the numerous benefits of installing and using solar systems to supplement your grid energy requirements. Remember that in addition to lower bills and environmental conservation, there are already incentives and subsidies by the government when you install a solar energy system in your home or business. Don’t pay high energy bills, talk to us at GenRenew and we will come to your home or business and give you a customized quote based on your unique energy needs. Give us a call at 732-835-4272 or schedule an appointment online and let us put you on the path to lower energy bills.