NextEnergy and the Energy Transition
At NextEnergy, we are at the forefront of the energy transition, with a strong emphasis on sustainable energy generation such as solar panels. We recognize the importance of self-generated energy and actively support our customers' use of solar panels.
Net Metering Rules at NextEnergy
If you have solar panels and are utilizing net metering rules, NextEnergy is the right choice for you. We compensate at the actual market prices for both your energy consumption and your energy generation. This means we net your consumption against your generation on an hourly basis.
- Consumed More Than Generated? If you consume more energy than you generate in a given hour, you pay for the surplus consumption at that hour's market price.
- Generated More Than Consumed? If you generate more energy than you consume, we compensate you for the surplus energy at that hour's market price.
Tax Benefits on Net Consumption
A significant advantage at NextEnergy is that you only pay tax on your net consumption on an annual basis. This means the energy you generate and feed back into the grid is deducted from your total energy consumption before tax is calculated. This can lead to substantial savings, especially for households with high energy generation from solar panels.
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