Net Metering Calculator
Calculate your net metering credits and electricity bill with solar panels
About this calculator
Our Net Metering Calculator helps solar panel owners determine their electricity bill credits and potential savings under net metering programs. By analyzing your solar production, energy consumption, and local utility rates, this tool calculates how much excess energy you'll sell back to the grid and your resulting monthly credits. This calculator is essential for understanding your solar investment's financial impact and optimizing your energy usage patterns to maximize net metering benefits.
How to use
Enter your monthly solar panel energy production in kilowatt-hours (kWh), your household's monthly electricity consumption, and your utility's net metering rate per kWh. The calculator will instantly show your net energy balance, credits earned from excess production, and your adjusted electricity bill after applying net metering benefits.
Frequently asked questions
What is net metering and how does it work?
Net metering allows solar panel owners to sell excess electricity back to the utility grid, receiving credits that offset future electricity bills when solar production is low.
Do all utility companies offer the same net metering rates?
No, net metering policies and credit rates vary significantly by utility company and state, ranging from full retail rate credits to lower wholesale rates.
Can I earn money from net metering if I produce more than I use?
Most utilities provide bill credits rather than cash payments, though some offer annual cash-out options for excess credits at wholesale rates.