What You Must Know Prior To Going Solar | Net Metering

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  • เผยแพร่เมื่อ 18 พ.ค. 2023
  • Calculate Solar Panel Cost For Your Home - www.solarreviews.com/solar-es...
    Julian's TH-cam Channel: / @juliantodd-borden9584
    Net Metering is one of the most critical concepts you need to consider when sizing a solar panel installation for your home. Net metering changes state-to-state and over time so having an understanding of the latest regulations is critical in selecting the right solution for your needs. Julian will walk you through Net Metering and how it is used when designing your daily energy consumption.
    DISCLAIMER: This video and description contain affiliate links, which means that if you click on one of the product links, I’ll receive a small commission.
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ความคิดเห็น • 73

  • @EverydayHomeRepairs
    @EverydayHomeRepairs  ปีที่แล้ว

    My Favorite Solar Panel Cost Estimator - www.solarreviews.com/solar-estimator?aff=66965&cam=713

  • @BathroomRemodelingTeacher
    @BathroomRemodelingTeacher ปีที่แล้ว +7

    His phone will be ringing off the hook 😆 great video. It’s definitely complicated and tough to figure out what you need

    • @EverydayHomeRepairs
      @EverydayHomeRepairs  ปีที่แล้ว +2

      You aren't giving your phone number out on your videos 😁?

  • @ascienceguy-5109
    @ascienceguy-5109 ปีที่แล้ว +5

    Excellent Discussion of a complicated and ever changing subject. When I put my first POV system on my house in Colorado, the cost of batteries was prohibitive, but at least the regional power provider paid, on an annual basis, wholesale prices for any excesses PV power sent to the grid. Now with time of day retail pricing looming the ROI calculations are really complicated

    • @Superiorsolarconsulting
      @Superiorsolarconsulting ปีที่แล้ว +2

      Yes it’s all I’ve been focusing on this last month. Accurate modeling is much tougher now

  • @TroySR71
    @TroySR71 ปีที่แล้ว +8

    In California, the way you will pay for electricity is changing, most likely starting in 2025. Your bill will be based on three factors.
    Part 1 of your bill will be an additional monthly fixed price based on the household's annual income.
    Part 2 of your bill will be based on how much your monthly electrical usage is.
    Part 3 of your bill will be government taxes and potentially other fee's and or refunds mandated/approved by the California Public Utilities Commission.
    As to Part 1, this is the additional monthly fee that will be added to your bill based on your annual income:
    Under $28,000/YR : $15.00 will be added
    $28,000 - $69,000/YR: $20.00 will be added
    $69,000 - $180,000/YR: $51.00 will be added
    Over $180,000/YR: $85.00 will be added
    As to Part 2, Southern California Edison (for example) states they will cut their cost for kilowatts being consumed by 30% and that some of their customers will actually see a decrease in their monthly bill.
    The income-based bill proposal is part of the utility companies compliance with legislation passed by the California state government last year requiring these types of plans for utilities.
    The California Public Utilities Commission would have to approve the proposal and make a final decision by mid-2024. The fixed rate could start showing up on bills as soon as 2025.
    This new fixed cost that will be added to your existing electric bill, and the fact that they will start charging less for kilowatts consumed, will make you reconsider if it makes any sense $$ (ROI) to add/install solar panels to your home. Hint: The utility companies will most likely reduce what they are paying you for what your solar panels generate back to the grid currently, probably in the neighborhood of 50% less then you’re getting today.

    • @Karen-ur6mm
      @Karen-ur6mm ปีที่แล้ว +7

      Wow sounds like socialism to me

    • @Superiorsolarconsulting
      @Superiorsolarconsulting ปีที่แล้ว +2

      So much future unknown…. Who knows if this proposal will even pass. It sounds crazy to me but we do live in california…

    • @TroySR71
      @TroySR71 ปีที่แล้ว +3

      @@Superiorsolarconsulting - The CPUC will make adjustments to the Part 1 Monthly Fixed Income 4 tables, Part 2, how much the utility companies can charge consumers per kilowatt and Part 3, how much will the utilities pay customers for the energy their solar feeds back into the grid. Other then that, it will pass. Remember this is driven by state mandated legislation that was passed in 2022, not the utilities trying to change pricing.
      Also, correct me if I’m wrong, but in California, all the electricity produced by homeowner’s solar panels must be wired to go back to the grid and be purchased by the utility company (state law). It can not be used to charge backup batteries (or anything else).
      The backup batteries can only be charged from your utility provider through their meter from the grid. Sales people from solar companies always seem to forget that very crucial fact when trying to sell their solar panels to residential customers in California.

    • @MR-si1eq
      @MR-si1eq ปีที่แล้ว +1

      Sounds like a mouse trap to me. If your doing this solar thing. Why are you dependent on the electric company? Sounds like your still getting a bill for electric. So why can't we just go completely off the power companies? I guess I don't understand the reason to switch.

    • @TroySR71
      @TroySR71 ปีที่แล้ว +3

      @@MR-si1eq - The difference between a third world country and a superpower is that a country with superpower status has safe, reliable energy sources in the form of a grid. Third world countries do not.
      If the United States allowed cities to go off grid, those cities would soon look like and become a “third world” status. Why? Because citizens can not afford to maintain an energy source properly and in a safe and reliable way 24/7/365. But government regulated utilities can and do exactly that.
      Just imagine if your state, city or neighborhood and what it would look like if every 3rd house could not afford to fix and maintain their energy sources in just a few hours after an incident occurs and what it would become in very short order.

  • @bradmaas6875
    @bradmaas6875 ปีที่แล้ว +5

    Net metering is based on participation, when an area gets up to a certain level of people with solar, net metering ends in that area.

    • @Superiorsolarconsulting
      @Superiorsolarconsulting ปีที่แล้ว +3

      Exactly. And those who have it are grandfathered for many years. In california it was 20 years.

  • @Superiorsolarconsulting
    @Superiorsolarconsulting ปีที่แล้ว +2

    Thanks so much for helping share the message, Scott!

    • @EverydayHomeRepairs
      @EverydayHomeRepairs  ปีที่แล้ว +1

      You bet, looking forward to future white board sessions 🙌

  • @firstnlast
    @firstnlast ปีที่แล้ว +2

    Some companies also have a mandatory minimum monthly charge to stay connected, which also eats into your solar savings.

  • @Jferrari427
    @Jferrari427 ปีที่แล้ว +1

    Another great video!!

  • @hassanbazzi3545
    @hassanbazzi3545 ปีที่แล้ว

    Julian explained very well. Just wonder of how much the battery cost on an average and the life span. Also if I signed with the power company to have an agreement on buying the access and can they drop be as they choose. Well explained system. Thank you for sharing

  • @dido1803
    @dido1803 ปีที่แล้ว +1

    Great information

  • @robbehr8806
    @robbehr8806 ปีที่แล้ว +1

    Grid-tie/net metering is too tricky. I'm currently installing a split system with part of my home off-grid and the rest as grid-assist.

  • @bluesfool1
    @bluesfool1 ปีที่แล้ว +1

    So, what I want to do is completely off grid. Just a tiny (small) cabin. So this won’t be a concern for me. I’ll just need to figure power consumption and then get panels and batteries to meet my demand.

    • @EverydayHomeRepairs
      @EverydayHomeRepairs  ปีที่แล้ว +1

      Nice, I want a property like that in the future as well. Probably about 5 years out for me 👍

  • @safiaabdillahi2741
    @safiaabdillahi2741 ปีที่แล้ว

    I have seen more than a few solar companies who install go out of business. Most challenging is finding a reputable company to work with that does not price gouge and installs good quality panels. Any in Virginia?

  • @dosadoodle
    @dosadoodle ปีที่แล้ว

    Return on investment of 8 years is ... 12.5% annualized returns. I cannot get close to that in investments, and it is a relatively stable return. Yes, the system will need to be replaced in 25 years, but it still works out to an equivalent of something like 10% annualized returns even when we know that cost is coming. It's baffling to me when people balk at something like this when they've simultaneously got money sitting in low-yield bonds.

  • @thenexthobby
    @thenexthobby ปีที่แล้ว +1

    Im not clear on how the grid can permit electricity going back to it.
    I’m also not clear on what the utility is doing with power sent to it by a homeowner. Are they storing it?

    • @mikehedrick6544
      @mikehedrick6544 ปีที่แล้ว +1

      It does not have to travel very far in most cases to get consumed. It could be your neighbors that could be consuming the excess power generated.
      Getting power to the grid would be clear if you had the required background in electrical engineering I’m sure.
      One does not need to know much about a light switch and a LED light bulb and how they are producing light to use enjoy it’s practicality.
      Good question 👍

  • @ncooty
    @ncooty ปีที่แล้ว +2

    @0:25: "two ex" = "double"
    "three ex" = "triple"
    Why use weird lingo? Is it supposed to sound more technical?

  • @GzoGuitarWz
    @GzoGuitarWz ปีที่แล้ว +3

    Don’t mean to be pedantic, but TECHNICALLY the Y axis should by kW, not kWh.
    But ¯\_(ツ)_/¯

  • @100vg
    @100vg ปีที่แล้ว

    I wish I could afford to go solar, but I'd really want a whole house system with a battery bay and controller to run the whole house when power goes out and to be off grid as much as possible. There is not enough room on my roof for that many panels and I'd have to build a shed or something to store the batteries. Too many other considerations and complications for me to consider it. Plus all the maintenance and replacements over the years. If I went with what will fit on my roof, and if my circuit breaker panel could handle the controller, that may be something to think about, but I don't have the money up front to get started. I looked for subsidy programs, but couldn't find any.

    • @markkempton4579
      @markkempton4579 ปีที่แล้ว +1

      Silver lining: the shed is more roof real estate! :)

    • @100vg
      @100vg ปีที่แล้ว

      @@markkempton4579 But then there's tying them all together.

    • @advbikerider
      @advbikerider ปีที่แล้ว +1

      Any chance you can go commercial vs residential? If you're Agricultural based, the USDA has a grant program that covers 50% of the cost.

    • @100vg
      @100vg ปีที่แล้ว

      @@advbikerider Not me. Only residential. Thanks, though.

  • @ronaldmoore5187
    @ronaldmoore5187 11 หลายเดือนก่อน

    How to figure what you need for total off grid

  • @mikem8563
    @mikem8563 ปีที่แล้ว +1

    I have 18 panels & a Tesla powerwall. Mississippi gulf coast

  • @dookie_12
    @dookie_12 ปีที่แล้ว

    What's the life expectancy of these batteries?

  • @12Bravojeepstuff
    @12Bravojeepstuff ปีที่แล้ว

    Cant find anyone in my area for solar.

  • @kaystewart1118
    @kaystewart1118 ปีที่แล้ว

    Holy crap.

  • @Phelper99
    @Phelper99 ปีที่แล้ว +1

    You said Texas has net metering 03:29 . Texas doesn't have net metering. It's purely based on your retail electric provider and the plan you chose.

    • @Phelper99
      @Phelper99 ปีที่แล้ว +1

      Elaborate: Most areas of Texas have open competition. You chose your electric provider in those cases. If they don't offer compensation for your solar excess, you don't get any. You have to specifically look for a plan/contract that offers it, otherwise you don't get it. And it's not always a good deal.

    • @Phelper99
      @Phelper99 ปีที่แล้ว +4

      Elaborate more: The way Texas works, you have to build an ovesized system, way oversized, to get credit for your generation to cover your off peak usage. If you'r on a buy-back plan. You generate 2x what you use so that you get a credit, and apply the credit to you nightly usage. IF IF IF your plan allows it.
      I'm not anti texas, and i'm not anti solar, just know there is more to it than what is stated here. I have solar, I'm in Texas, and I'm loving it.

    • @Superiorsolarconsulting
      @Superiorsolarconsulting ปีที่แล้ว +2

      Every utility is different. There is a competition amongst utility companies in Texas right now and because of the PTSD people are experiencing from the big freeze that happened a couple of years ago, Texans want their energy independance. There is a huge effort to incentivize people to change utility providers and generous net metering program is one of the ways utility companies are achieving that

  • @LTVoyager
    @LTVoyager ปีที่แล้ว +2

    1:1 net metering is a great subsidy for solar panel owners. Their neighbors subsidize about half of their solar generation rate. It is a system that can’t last as the power companies will go bankrupt once solar penetration gets significant and then the whole house of cards collapses as the solar owners will no longer have essentially a free storage battery. That is almost certainly the reason that CA has changed their policy. Other states will follow suit over time.

    • @markkempton4579
      @markkempton4579 ปีที่แล้ว

      How is it a subsidy? You're providing the same power that the coal or hydro plant create. You're producing full value for the utility, saving them from having to create it. Your neighbors aren't paying a dime.

    • @LTVoyager
      @LTVoyager ปีที่แล้ว +1

      @@markkempton4579 You are getting paid far more per kWh for thethan is your power generator. Look at your electric bill. You will generally see three separate charges. One for a basic monthly service often called an availability charge or similar. This is a fixed monthly amount. You will then see a charge for the cost of distributing the electricity to your home. You will then see a cost for generating the power you use. This is what the power generating plant gets paid.
      If your net metering credit is based only on the generation rate (which is generally only half or so of the total rate you pay), then you are being subsidized because you are getting to use the electric transformer, power lines and substation owned by your electric distribution company as a free battery. The cost of these are being paid for by your neighbors through their distribution charge.
      If, as in many states, your net metering is based on the combined rate of your distribution charge and your generation charge, then you are actually getting paid to use the electric distribution company’s transformer, power lines and substation, which is a much higher subsidy.
      This is a hard concept for most people to understand. A simpler and more direct way to look at it is using local storage. Look at the cost for you to take your home completely “off grid.” For you to have uninterrupted power, you would likely have to purchase enough battery storage for at least 3 days of consumption of your house. That will cost many tens of thousands of dollars. Now calculate what your cost per kWh would be from your solar system including the panels and batteries and inverter and related equipment. Compare that to your cost of power from your grid supplier. The difference is the amount of subsidy you are receiving from your neighbors who are paying for the “grid” that you are now using as a free battery.

    • @LTVoyager
      @LTVoyager ปีที่แล้ว

      @@markkempton4579 The real issue with the subsidization will become apparent in about 10 more years when the power companies. Have to keep raising their rates as more people install solar and the number of people paying the subsidy gets smaller. At some point there won’t be enough people to pay the subsidy and the power companies will go bankrupt and then we all will pay a big price. Now, I don’t actually expect that to happen as places like California have already recognized this looming issue and are rolling back their net metering rates to reduce the subsidization of solar. This will have to spread to other states soon or the power company rates will skyrocket.

    • @markkempton4579
      @markkempton4579 ปีที่แล้ว

      @@LTVoyager what "subsidy"?

    • @LTVoyager
      @LTVoyager ปีที่แล้ว

      @@markkempton4579 Did you not read my prior two replies? Or are you simply unable to understand?

  • @seethebutter
    @seethebutter ปีที่แล้ว +2

    Solar has a terrible return on investment for most homes.

  • @MegaChoo2
    @MegaChoo2 ปีที่แล้ว +3

    The credits for production basically hopefully pay for the installation. The little bit you might make beyond that is silly low. The system loses 2-3 percent production per year, so if your lucky and pay off your system in 10years you have a system at 70 per cent.
    Batteries cost 8-12 k each and if you buy those you will never see an roi because you will replace the batteries in 8-10 years. You will also need to replace the panels at intervals.
    Additionally, you need/should pay more in your homeowners insurance to cover storm and wind damage to your roof and panels due to weather. Otherwise insurance will not pay to replace them.
    It doesn’t work yet guys. Sorry

    • @Superiorsolarconsulting
      @Superiorsolarconsulting ปีที่แล้ว +2

      Quality panels will degrade less than 10% over 25 years. Quality batteries are warrantied to still contain about 70% 10 years later but this does not warrant the battery useless after that time. Plus, battery technology is drastically getting better. It really depends on where you are but a lot of the country has around 7 to 8 year payback period

    • @acefactor
      @acefactor ปีที่แล้ว +3

      Panels are generally guaranteed not to lose more than about 0.5% a year. Consumer solar panels are expected to have 25 to 30 years of useful life time before they might need to be replaced. They also usually come with at least a 20 year warranty, and failures are very rare over that period. None of what you said is true.

    • @markkempton4579
      @markkempton4579 ปีที่แล้ว +1

      No one is trying to "make" money. They're not a commercial energy producer. The whole point is to pay off the system in those 10 years (or less in some areas). Then your electricity is free for 20 more years. If you actually net back money, that's a bonus. It's to break even as soon as possible and enjoy free electricity, saving you thousands a year.

  • @johnmarquardt1991
    @johnmarquardt1991 ปีที่แล้ว +6

    Solar is a money pit -- you'll never stop buying.

    • @EverydayHomeRepairs
      @EverydayHomeRepairs  ปีที่แล้ว +2

      In Illinois with Federal and State incentives it is pretty compelling. I will know more this year when I install a setup at our home.

    • @Superiorsolarconsulting
      @Superiorsolarconsulting ปีที่แล้ว +1

      It depends where you are. In a lot of the country we see under 10 year paybacks with 30 year lifespans.

    • @Phelper99
      @Phelper99 ปีที่แล้ว +2

      No offense, you must have done it wrong. Payback shouldn't be more than 15 years unless you made a bad deal.

    • @johnmarquardt1991
      @johnmarquardt1991 ปีที่แล้ว +2

      @@Phelper99 Every youtube channel I've watched that has put in solar keeps adding solar panels, buying new storage batteries and making other upgrades. It's a money pit -- maybe one day it won't but today it is a money pit.

  • @frosted1030
    @frosted1030 ปีที่แล้ว +2

    A net metering agreement can both charge you to power the grid, and can offer you little in return. Even a 1:1 will get you a lower bill, if all you care about is a monthly bill, but the $20,000+ cost will never break even. Why? Solar decreses in effecency between 5% and 15% yearly.When you start out at less than 25% effecency and you have your maximum benefit for about 2 hours a day, you stand to break even right around the time the cells need replacing. This is a con job, and it's NOT green. You really should look into why there are no solar cells manufactured in the US with US mined materials.
    A word about storage: NO! The materials mined for these batteries AND the longevity for the batteries will not only drive up your costs a hell of a lot, but they have a nasty habit of having shorter lifespans than your solar cells! Expect an investment of a minimum of $10,000 just for the batteries plus instalation (so now minimally your cost is $35,000-$50,000 depending on the market. When should you expect to break even? No. That is not gonna happen. This is for people that exclusively look at their personal level of SMUG and their monthly expense. It's like putting 90% down on a home you plan to live in for 3 years. Just stupid use of money.

  • @Schlaegel
    @Schlaegel ปีที่แล้ว

    It's hard to keep watching a video when someone introduces themself as "one of the nation's top..." Give me a break. Show it. Don't say it.

    • @mikehedrick6544
      @mikehedrick6544 ปีที่แล้ว

      Julian, is one of the top solar consultants in the United States.
      He has been doing this for awhile now.

  • @PDXTundra
    @PDXTundra ปีที่แล้ว +2

    I’ll never fall into this scam.

    • @EverydayHomeRepairs
      @EverydayHomeRepairs  ปีที่แล้ว +5

      Solar in general is not a scam. Are their scams in the solar industry, for sure, but that is why education is a good starting point.

    • @Superiorsolarconsulting
      @Superiorsolarconsulting ปีที่แล้ว

      There are a lot of people selling solar that don’t really even understand what they’re selling. The industry has a bad name but Solar is definitely anything but a scam. There are a lot of lousy salespeople in the industry but it is not a scam at all.

    • @markkempton4579
      @markkempton4579 ปีที่แล้ว +1

      How is creating your own energy a scam? If you've taken a science class, you'll know solar power actually works.