4 ms·
No storage. This is a grid-tied system that exports power onto the grid during times when I am a net producer, for which I get credited at retail rates.
by lafay 11y ago
No storage. This is a grid-tied system that exports power onto the grid during times when I am a net producer, for which I get credited at retail rates.
- Domenic_S 11y agoRetail rates? Are you sure? (PG&E?)
- lafay 11y agoYes, quite sure. However, the credits can only offset the "debits" from the times when you are a net importer from the grid (night, cloudy, etc). PG&E sends a once annual true-up statement where you pay for your excess annual kWh (assuming consumed kWh > produced kWh). If you are net exporter on an annual basis (produced kWh > consumed kWh) PG&E only pays wholesale rates for those at ~$0.04/kWh. They used to pay nothing if you were a residential net annual exporter, but after recent change in CA state law, they now have to actually cut you a check.