How Solar Saves for Rainy Days
As fall approaches and the days grow shorter so does the amount of time the sun shines. Does that mean your solar panels won’t work as well? After all, if their job is to turn light particles into energy, sunlight is a must, so what happens at night and on rainy days? This is one of the most commonly asked questions by home and business owners when considering a switch to solar power. The good news is that there’s no cause for concern as today’s more efficient solar technology has you covered rain or shine.
Earning extra credit
While solar panels work best on sunny days, they provide the power you need no matter the weather. That’s because they are designed to save for a rainy day. Just as many people stash away spare change and extra funds when they have them, so do solar panels when they make more power than needed to meet the demands of your business or home. This is done by sending extra power generated on sunny days to the power grid for safe keeping. It’s credited to your account and managed by your solar net meter.
According to the Solar Energy Industries Association (SEIA), if a home is net metered, the electricity meter will run backwards to provide a credit against the electricity used at night or whenever the demand exceeds the system’s output. You are charged only for your “net” energy use which translates into lower electricity bills.
New Jersey (NJ) leads the way
If you live in NJ and are thinking about going solar, you couldn’t pick a better time to make the move. It’s one of only three states to have more than 1 Gigawatt (GWH) of installed solar capacity – and it’s just getting started. The SEIA credits NJ’s strong solar market to net metering and a solar renewable portfolio standard, or RPS — a state mandate to increase the use of renewable energy sources. The federal government is also lending a hand by extending the Solar Investment Tax Credit – a 30% savings for solar systems on residential and commercial properties. Courtesy of the SEIA, here are a few other facts about solar power in NJ:
- At your service are more than 547 solar companies currently employing more than 7,000 people.
- Last year alone, NJ installed 181 Megawatts (MW) of solar electricity capacity, ranking it 10th
- In 2015, $486 million was invested on solar installations in NJ.
- In the next five years, NJ is expected to install 1,709 MW of solar electric capacity. This is more than twice the amount of solar installed over the last five years.
Work with the best
TerraSol Energies is a family-run business that has served the Tri-State area (PA, NJ, DE) since 2009. Our solar company is focused on solar electric systems. We have one of the area’s most knowledgeable teams of solar specialists. When you work with us you can count on making a smooth transition to clean energy. We provide a turnkey approach, quality products and services, professional advice and expertise, and financial flexibility. To find out more about us, our expert partners, and see feedback from our customers, visit our website, or contact us today.