How To Lower Electric Bill With Feed In Tariff?
updated at : Monday, January 23rd, 2017
Help lower your electric bill with feed-in tariff
A lower electric bill is a dream that everyone wants to fulfill. You can fulfill that dream by using the feed-in tariff mechanism. In addition to lowering your electricity bill, the feed-in tariff promotes renewable energy as a primary source of energy. For example, this policy makes solar energy systems more appealing to the average homeowner. Renewable energy becomes a viable alternative to the traditional energy source for the average homeowner.
How does feed in tariff work?
The feed-in tariff mechanism rewards you a fixed price for every kilowatt-hour of electricity that your solar energy system generates. Use the energy to power your own home. Not only that, the feed-in tariff rewards you an additional fixed price for every kilowatt-hour of electricity that you send over to the power company grid. You will be awarded these payment terms over the course of 15-20 years in the form of long-term contracts. You can lower your electricity bill and at the same time make money from your power company. You make money by getting paid more than your buying price of every kilowatt-hour your solar energy system sends over. A lower electric bill is a dream no more, you can achieve it.
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