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Are you buying into a network to buy power all the time at that rate? Or is it still when your specific solar installation is making power that you may buy it a
by Already__Taken 7y ago
Are you buying into a network to buy power all the time at that rate? Or is it still when your specific solar installation is making power that you may buy it at that rate?
- SamBam 7y agoYou're buying power from the utility company, at whatever rate they set, and at the same time you are selling your power to them, at whatever rate they set. They can be thought of as two separate transactions. (You buying power can be thought of as a sunk cost, as this isn't changing it at all (unless you are also storing power), so it can be removed from the question.) At the same time that you are selling power to the utility company, you are also paying Tesla 10-13¢ for every kWh you generate. If you are able to sell at a higher rate than that, you keep the extra.