Get to Know Your NEM Bill
Once you go solar, your utility will install a new meter in your home — commonly known as a net meter — to measure the difference between the amount of energy you consume from the grid and the amount of energy your solar system produces each month. This difference, called Net Energy Metering or NEM, is used to calculate your new bill. And depending on the state you’re in, if you produce more energy than you need, you can send the surplus back to the grid and receive a credit for it.1
As a solar customer, you may receive up to three different types of bills: one for your monthly utility service charges; a second bill for your monthly NEM charges and credits; and a third bill — often referred to as a True-Up Statement — for your yearly NEM charges, credits, and any final balance due.
Solar Battery Storage + TOU Rates: A Winning Combination
A solar battery storage system like Sunrun Brightbox™ lets you store surplus energy and use it when you need it most. Such as in the event of an outage or at nights — for up to 10 hours.* It also includes professional maintenance and monitoring for 20 years; two actions which could prolong your battery unit’s life.
Yet, when you combine Brightbox with Time-of-Use (TOU) rates, you’re able to take your solar benefits even further.2 See, TOU rates are electricity prices set by utilities that change depending on the time of day, the day of the week, and the season you consume energy.3 But since Brightbox uses your stored power instead of drawing it from the grid, you’ll forget about following schedules, while offsetting your utility bills and saving money automatically.
Your Utility’s Commitment to the Environment and Your Community
It’s no great secret embracing clean, reliable energy is critical if we are to tackle climate change. But did you know your utility has other ambitious initiatives, services, and programs that significantly improve the environment and your community's well-being?
From electric vehicle incentives to green construction to habitat conservation plans, many utilities across the U.S. are making tremendous efforts to build a stronger, more conscious, and healthier generation of Americans.
As Sunrunners, we will always celebrate smart and noble goals like these; because we believe empowering people also means empowering a greener, safer, and more resilient future for all.
If You Haven’t Gone Solar Yet, Now’s a Perfect Time!
Studies prove installing a home solar system is now more affordable than ever.4 Best of all, you have a wide array of solar plans to choose from, including leases, PPAs, loans, and upfront purchases. Besides, at Sunrun, you can start your solar journey for as little as $0 down.
Take the first step and put a stop to an uncertain energy future. Start by requesting your free, customized quote today! Rest assured, our solar advisors are here to guide you every step of the way.