Boston (AP) -- Homeowners tired of paying high electricity bills can now turn the tables by selling excess electricity back to power companies.
The only hitch?
Homeowners need a way to generate power on their own, either by installing solar panels on their roofs or planting wind turbines on their property.
It's called "net metering," and beginning Tuesday property owners can submit the applications needed to begin earning credits on their electricity bills if they generate more energy than they need.
To sweeten the deal, the Massachusetts' 2008 Green Communities Act requires utility companies compensate their customers for the excess electricity at a retail rate rather than a lower wholesale rate.
The law also lets customers allocate their credits to other customers.
2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.
Kars4Kids Car Donation
Kars4Kids is a 501(c)(3) non-profit organization that provides a wide range of services for underprivileged children. Some of their programs include mentoring, parent education, camp programs, and family retreats. By providing the children with emoti
Helping Hands Of America
DONATE YOUR CAR OR BOAT TODAY TO A LOCAL CHARITY! YOU CAN HELP A GREAT CAUSE RIGHT HERE IN NEW ENGLAND AND IT’S 100
PERCENT TAX DEDUCTIBILE TOO. CALL HELPING HANDS TODAY TO
SCHEDULE A PICK UP AT YOUR HOME…1-888-881-9-0-9-0 (NINE OH, NINE OH).
E-Mail Story
Print Story
