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> your refund is decimated and paid at wholesale prices. No. It is paid at the same retail rate that consumers pay. However, because the amount paid is low, t
by mchahn 11y ago
> your refund is decimated and paid at wholesale prices.
No. It is paid at the same retail rate that consumers pay. However, because the amount paid is low, the retail rate used is tier 0, which is basically a lifeline rate. But it still isn't wholesale.
- encoderer 11y agoI don't see a 3 cent rate tier. Do you have a link? http://www.pge.com/en/myhome/saveenergymoney/plans/tiers/index.page http://www.pge.com/en/myhome/saveenergymoney/plans/tiers/ind... The pay-out on the true-up statement is very clear about the 3.xx cent rate.
- mchahn 11y agoYou are correct. I was going by what a solar city engineer told me. I should have known better than to take them at their word. Our first year we didn't go negative so we had a payment to make at the end of the year. Now that I know the return rate is so low I'll try to stay positive, switching some appliances to electric if I have to.
- encoderer 11y agoI think it's fair to say that the situation is pretty opaque and confusing. For 2 years I thought we lost our credit balance. I didn't notice the small credit that applied because in effect it only offset about half of our gas bill each January (which, with PG&E is on the same bill for us)