Sunnova customers nationwide save an average of more than 20% in electricity costs1 during their first year of solar service.
Once your solar system is interconnected to the electric grid, you will receive a monthly bill or statement from your utility company, in addition to your Sunnova bill. However, after going solar, your utility bill will only include charges for the energy you consume from the grid when your solar system isn’t generating energy (nights and cloudy days).
There will likely also be times when your system produces excess energy and sends it back to the grid. The utility company may buy back or provide credit for energy you export to it. This give-and-take relationship between your solar system and the electric grid is known as net energy metering (NEM). It works differently from one area to another since it is usually regulated by the public utilities commission for each state. Your local utility company can provide you with specific information about net metering for your area.2
As illustrated above, your lower monthly utility bill, combined with your monthly solar bill from Sunnova, should represent significant savings on your total energy costs after going solar.
1 Actual savings will vary based on your electricity usage and utility rates. Savings estimates are based on solar energy production, your solar kWh rate, your current utility kWh rate and projected increases in the utility rate (based on historical data and a national average). Estimates do not take into consideration other changes in utility rates. Such changes could affect your overall estimated savings.
2 If the utility company sends monthly statements in lieu of an actual bill with an amount due, there will be an annual reconciliation of all electricity usage charges and credits. Sunnova makes no guarantees regarding credit for net energy exported to the electric grid, and any credit provided (now or in the future) is subject to change or termination by executive, legislative or regulatory action.
Find out how much you can save with solar power. There’s no obligation, so you have nothing to lose -- except part of your electricity bill.