Although most electric cooperatives in our area no longer offer net metering, Ameren is still accepting new net metering interconnections.This initiative enables system owners to balance the electricity generated by their solar system with the electricity supplied by Ameren. If your system produces more energy than you use on a sunny day, the surplus will compensate for the deficit on a day you need it. This one-to-one energy exchange leads to significant yearly savings.
Traditional Net Metering will end by Dec. 31st 2024. Systems installed before 2025 are eligible for Net-Metering.
Net metering simply allows a solar system to export excess electricity production (that cannot be used by the home/building) to the grid. Ameren keeps track of the kilowatt hours (kWh) exported to the grid in a “kWh bank” similar to roll-over minutes in a cell phone plan. At night or on a cloudy day, when electricity is imported from the grid, there is no cost for the electricity up to the balance of the kWh bank. Ameren charges you only for the net amount of the electricity you consume.