You asked, we answer: How do solar panels eliminate your electric bill?
Begin by looking for the "Solar Net Metering Summary." As a homeowner with solar, all your solar energy credits will be outlined in the net metering section of your utility bill in order to track your cumulative annual energy credits. The utility company will then apply these credits to your bill to offset your electrical charges! As you can see, our customer was billed for 0 kWh and simply pays his basic service charge, also known as a hook up fee.
If your solar system generates more electricity than you need, that extra energy will roll over to the following month and will be added to your “Prior Excess Generation” total.