Join Dean Casey of Casey Services as we explore the practical realities of using solar power to not only sustain a household but also to actively engage in selling excess energy back to the power company. This enlightening session features homeowners Tim and Teresa, who have effectively reduced their energy footprint by combining solar panels with energy-efficient home technologies.
In the video, Tim and Teresa share their experiences with net metering—the process that allows them to sell surplus electricity generated by their solar panels back to the grid. They reveal insights into the financial dynamics, including the fact that despite generating more electricity than they consume (520 kWh sold vs. 470 kWh bought in a typical month), their utility bills still include unavoidable administrative fees.
The conversation highlights the important distinction between the rates paid for electricity consumed versus the rates received for electricity generated. This disparity underscores the importance of strategic energy use, such as running high-energy appliances like washers and dryers during off-peak hours to maximize savings and revenue from solar energy.
Furthermore, Tim and Teresa discuss their future plans to incorporate battery storage, which they anticipate will further reduce their dependency on grid power to merely covering administrative fees. This step towards greater energy independence is part of a broader lifestyle choice that includes sustainable living practices, such as raising livestock and growing crops on their 12-acre property.
This video is an invaluable resource for anyone interested in understanding how solar energy can not only power a home but also create a potential revenue stream by selling excess energy back to the power grid.
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0:00 Intro
0:21 Benefits of Solar Panels
1:02 Key to Peak Hours
2:51 Outro
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