Tool · Investor Sam Green

Net Metering Value Calculator

June 30, 2026 • By the Investor Sam Editorial Team • Reviewed by Berly Sam Varghese, Editor
Not every kilowatt-hour your solar panels make is worth the same. The energy you use in your home instantly offsets power you would have bought at the full retail rate, while the surplus you export to the grid is often credited at a lower rate under modern net-metering rules. This calculator splits your annual production between self-consumption and export, values each at its own rate, and shows the total annual value your system delivers.

Example: Annual solar production: 10000 kWh · Self-consumed share: 40 % · Retail electricity rate: 0.2 $/kWh · Export credit rate: 0.08 $/kWh

Total annual value$1,280
Value of self-consumed energy$800
Value of exported energy$480

Worked example

A system producing 10,000 kWh a year where you use 40% on-site keeps 4,000 kWh out of the grid at the $0.20 retail rate, worth $800. The remaining 6,000 kWh exported at a $0.08 credit rate is worth $480. Together your solar delivers $1,280 of value a year. Notice how much the self-consumed share matters: raising it to 60% by shifting usage into daylight hours would lift the total to $1,520.

Frequently asked questions

Why is exported solar worth less than what I use?

Under full retail net metering, exports were credited at the same rate you pay. Many states have shifted to net billing, where surplus energy earns a lower export rate closer to the utility's avoided cost. That is why energy you consume yourself, offsetting full-price purchases, is usually the most valuable.

How do I raise my self-consumption share?

Run big loads — dishwasher, laundry, EV charging, pool pump, air conditioning pre-cooling — during daylight when the panels are producing. Adding a home battery stores midday surplus for evening use, pushing self-consumption higher and increasing the value this calculator shows.

What export rate should I enter?

Check your utility's net-metering or net-billing tariff. Full net-metering states credit exports near the retail rate, so set both rates equal. Net-billing states publish a lower export or avoided-cost rate. Using the right export rate is what makes this estimate accurate for your area.

Does net metering change over time?

Yes. Utilities and regulators periodically revise these rules, and legacy customers are sometimes grandfathered at older, more generous rates for a set number of years. Confirm your current tariff and any grandfathering when you install, since it directly affects the export value here.

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Sources

Berly Sam Varghese · Editor, Investor Sam

Berly Sam Varghese is an engineer who treats money the way he treats any hard problem — something to be engineered, not gambled on. He funded years of education and built real financial stability the patient way, by living below his means and investing rather than borrowing. He writes for the person trying to make a greener choice that also makes financial sense. He reviews and approves every article on Investor Sam and checks the figures against primary sources before anything is published. More about our standards.