When was the last time you took a close look at your monthly energy bill? If you typically only skim your bill when it comes, you may be paying more on energy than you need to be. Fortunately, reading your NV Energy bill with solar is very simple, and understanding it can help you make sure you’re being credited properly for your solar production. This article will walk you through how to read your NV Energy bill with solar and take full advantage of your solar system’s cost-cutting benefits.
Parts of an NV Energy Bill
An NV Energy bill is divided into several sections, each providing vital information. Here is what customers can find on their bill:
Overview
This section shows an account summary and is generally on the front of the bill. It is a brief outline of your account with details on its current status, including:
- Previous account balances
- Payments made for prior balances
- The amount owed for the previous billing period
Total Charge Breakdown
This section shows the amount of energy consumed in the past month’s billing period. The amount is shown in kWh and includes the rate charged per kWh. The rate charged comprises some minor charges in addition to the cost of the energy consumed. These charges provide funds to upgrade and maintain the electric grid.
Energy Usage
The NV Energy bill also shows your annual energy consumption. It visually represents their total energy use over the previous months. This helps customers track their consumption and determine how it affects their bills. Those with solar panels can use this information to analyze the panels’ efficiency.
Here’s what you can do with your usage information:
- You can determine your energy usage pattern and understand your peak and off-peak demand and the time you use the most energy.
- Customers can also compare their energy consumption with their solar production to ensure they are saving money and not paying more for energy.
NV Energy Bills With Solar
When a business or homeowner installs a solar power system, they become a net metering customer and supply power to the grid. The policy offers credit to solar owners for the energy they feed into the grid. With net metering, a solar customer owes their power company the “net” difference between energy bought and sold. It is also possible for a customer to eliminate their energy bills when they install a solar power system with enough capacity or even have electricity or credits owed from their power company.
If you’re in the net metering program, your bill is calculated a little bit differently. The energy bill includes:
- Minimum delivery charge: This is paid by customers to cover the costs of the grid’s upkeep. The charge ensures the power company has funds to maintain the grid when customers generate enough power and do not pay for electricity.
- Net usage: The total energy consumption minus the amount of power sent to the grid. Net use is represented differently for each customer depending on the time-of-use rate plan.
Take Back Your Power with Solar Optimum
Knowing how to read your NV Energy bill can help you optimize your solar power usage and cut electricity costs.
Save on your NV Energy bill by switching to solar in Nevada with Solar Optimum. We provide high-quality residential and commercial solar panels and design systems for maximum energy cost savings. Contact us today for more information.
