SF Bay Area - Peninsula Clean Energy

[ApacheXMD]

For those in San Mateo county:

http://www.peninsulacleanenergy.com/

This is coming in October but I have heard and read very little about, and even less in regards to how it will affect solar NEM customers

I was talking to a PCE rep, and it seems that NEM customers will keep the same rate schedule as you're currently on, but you'll be paid 1 cent per kwh premium for power you produce. True-up will then be done monthly instead of annually. The rep also said that surplus energy is credited to your account at the full rate instead of PG&E's "Net Surplus Compensation" of $0.03/kwh.

She mentioned that once a year, if you accrue more than $100 in credit, PCE will cut you a check. If less than $100, the credit will continue to roll over as usual.

Now this is all verbal with a rep, and I can't find any documents regarding the monthly true-up, and the rep said she'll look into sending me something in writing.

Does anyone have any other information regarding PCE?

I just turned on my 3.99kw system two days ago, and dealing with PG&E's rate plans was hard enough. To add this to the mix is even more confusing to me.

[inetdog]

Sound like the county government has gotten mixed up in something over their head.
It would be just another "green" alternative energy provider wheeling its purchased power over PG&E lines if it were not for its status as the default provider in San Mateo County.
I would like to have been following the Board of Supervisors meetings where this was adopted.

[ApacheXMD]

I got a couple of emails back from the PCE team:

"The rate that we buy the power back is 1 cent/kWh more than the retail value of that electricity. The actual rate depends on which rate schedule the customer is in, but for summer months for an average residential rate schedule, I believe this would equate to around $0.08 - $0.20 (depending on the time of day and by looking at our rate schedule here). By comparison, you're correct - PG&E pays $0.03 to $0.04 cents per kWh surplus based on their website here."
"Net Energy Metering customers are enrolled in regular rates in addition to the NEM program (i.e. there aren't technically "net energy metering rates"). I'm attaching the rate schedule so you can see all of the rates as well as the NEM tariff which shows the additional 1 cent/kWh offered above a consumer's regular rate. This document also reflects your question about the true-up.

If you're overproducing in the summer, those credits WILL transfer to the next month and the following months if you continue to overproduce. If you have credits built up come winter time, these will be used at this time. If you still have leftover credits over $100 in March, PCE will automatically send you a check in April. If you have less than $100 worth of credits, it will roll over (PG&E instead zeros your account during their annual true-up). Also, the rate will be higher than the rate at which you buy power (one cent per kWh higher than the rate you're buying it at - to incentivize local solar). "