Going Solar Saves You Money – No Matter What the Future May Bring

Have you ever heard the saying, “There’s no such thing as a free lunch?” For the most part, it’s true. What may be free to you is an expense to someone else. However, solar energy is a different story. While there is some cost with installing a solar energy system for your home, you reap the benefits – free energy – for a lifetime. It’s truly a free source of electricity!

Summit Technology Group installs solar panel systems for homeowners throughout Marin County, CA, and Napa Valley. In addition to that, we can install a home energy management system that helps you assess your utility bills to see where you can save money based on your usage. Want to find out more? Keep reading below.

SEE ALSO: Enjoy Solar Tax Credits & Freedom from Rolling Blackouts

 

Taxing the Sun

Can you do that? Can you actually create a tax that “penalizes” homeowners with solar energy systems? That’s what the proposed NEM 3.0 is trying to do. Right now, more than 1.3 million homeowners have rooftop solar systems in California, but that’s in large part because they have been incentivized through a policy known as Net Energy Metering. The policy allows solar system owners to “roll back” some of the cost of their electric usage each month.

Unfortunately, the NEM 3.0 proposal includes an 80% reduction in payments for excess solar energy and adds an $8 per kW monthly charge for solar customers. But this is ONLY a proposal. Experts and advocates of solar have been up in arms about it. So much so that Governor Newsom stated that there is still “work to be done” with the proposal – recognizing that the move would penalize those who want to save energy and protect the environment.

Due to public outcry, the deadline has been delayed. In fact, another proposal could be on the table. And even if the current proposal is passed, Governor Newsom could block it, offering a clear win for renewable energy system owners.

 

Now, the Good News!

Regardless of the proposal – whether it passes “as is” or is modified – homeowners will always be able to save on energy costs by going solar. How? By partnering with Summit Technology Group! We have been installing solar panel systems for many years, and we have intimate knowledge of the industry. By setting up a home energy management system, we can determine how a solar system can offset the power you’re currently using.

Most importantly, we know how to navigate the changing and sometimes confusing landscape of solar energy legislation. We’ll provide the guidance you need to take advantage of solar while saving a bundle on energy in the future. In addition, by setting up a home energy storage system, you are able to “accumulate” energy that you can use when the power goes out – reducing your dependence on the electric company. In fact, the new plan (if it passes as-is) offers an incentive for the purchase of a home storage system.

Would you like to know more about the benefits of a solar system and home energy management system? We’re happy to answer your questions. Call Summit Technology Group at 707-542-4773, start a chat on this page, or visit our contact page to schedule a consultation.