Grid-Tie:
Your solar equipment plays a big role your savings and returns.
.Grid-tied solar power systems are the most common type of solar electric system in the United States. This type of system is attached, or “tied” to the existing electrical grid.
As long as the solar array generates more electricity than the household consumes, the electricity will be free. If the household or business consumes more electricity than is generated, it will be billed for only the excess consumption.
Advantages of Grid-Tied Systems
Many utility companies are committed to buying electricity from private energy systems at the same rate as they sell it themselves.
Earn, sell, and generate revenue from Solar Renewable Energy Credits (SRECs).
The household or commercial property that benefits from the system is credited for the electricity generated by the solar panels.