Net Metering Developments—Why Now is the Time to Go Solar
At Seal Energy Solutions, we believe that solar energy is one of the most beneficial home upgrades that Arkansas homeowners can make. Now, new developments in net metering have created an even kinder atmosphere for solar, and there’s no better time to get involved.
Grandfathered Net Metering for Arkansas Solar Customers
A March 8th decision by the Arkansas Public Service Commission ruled that existing net metering customers—also referred to as NMCs—will be grandfathered into the new structure for net metering. According to the ruling, NMCs who submitted the Standard Interconnection Agreement prior to the date of a new rate order will enjoy a 20-year grandfathering period, measured from the date of the new rate order under Phase 2. Rate increases are expected later this year, which means there is a limited amount of time left to incorporate solar into your home if you want to take advantage of the grandfathering.
Another interesting aspect about this ruling is that grandfathering will actually be tied to the home or building itself, referred to as a “net metering facility,” or NMF. This means that the property can undergo transfer without interrupting the grandfathered solar rates throughout the 20-year term—another perk for solar adopters.
Solar has been growing in popularity throughout Arkansas over the course of the past decade, and for good reason. It’s a clean, efficient way of creating power for your home that allows you to break free from the chains of energy suppliers, all while helping to save the environment in the process.
The benefits of solar are numerous and include the following:
- Potential for a net zero monthly electric bill
- Low/no maintenance
- No harmful emissions
- Renewable, sustainable energy
- Tax credit availability
Seal Energy Solutions: Your Arkansas Solar Experts
We want all of our customers to see just how effective solar can be for them, which is why we offer flexible financing options and can help line everything up so that you get the most savings possible. Our team will be there to answer any questions you may have along the way, ensuring a smooth, hassle-free experience from start to finish.
Don’t wait to take advantage of net metering grandfathering—contact us today to learn more or to schedule an appointment.