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Solar Panels (photovolatic cells) convert the sunlight into electricity. The cells are grouped together to create solar panels. A series of panels can be linked together and tied into the rest of your solar system to generate enough power to reduce or eliminate your electricity bill. A residential PV solar system enables a homeowner to generate power during the day when they are not at home and sell the excess energy to the utility grid at peak rates. In the evening, when rates are less expensive, the homeowner then draws electricty back from the grid to power their homes. This basic concept is called net-metering or time of use metering.