My ConEd bill is broken up into delivery and generation charges. I think it is fair for you to be able to sell power back to the grid, but either at the whole

My ConEd bill is broken up into delivery and generation charges. I think it is fair for you to be able to sell power back to the grid, but either at the whole sale generation cost; or alternatively the generation cost less the delivery cost. Allowing you to sell it wholesale like any other power producer seems like it could be a reasonable compromise. That amount might fluctuate too much to be something understandable or usable. If the distribution cost is deducted from the amount you net meter, that would also compensate the utility for having to build the infrastructure to handle the reverse power flow. This second alternative, of course, has the disadvantage that the power is "delivered" twice (and thus charged twice).