I'm interested in generating income through solar energy. What are the possible ways to make money from this renewable source? I want to understand the options available to me.
6 answers
Martina
Sun Nov 10 2024
Homeowners can generate income from solar panels primarily by offsetting their electricity costs.
Andrea
Sun Nov 10 2024
Direct sales of solar energy are not the main source of income for homeowners with solar panels.
KimchiQueenCharm
Sun Nov 10 2024
Net metering is a system that allows homeowners to reduce their electricity bills by using the renewable energy generated by their solar panels.
RubyGlider
Sat Nov 09 2024
Under net metering, excess energy produced by solar panels can be credited to the homeowner's account, offsetting electricity used during non-sunny periods.
Caterina
Sat Nov 09 2024
Energy credits are another way homeowners can benefit from solar panels, as they can be used to reduce or eliminate monthly electricity bills.