NEM 2 is 1:1 credit within the TOU period.
Think of it as 3 (or 2) buckets that are netted at the end of the month.
Negative values (net producer for that TOU period) are multiplied by the full retail rate and added to your NEM credit bank.
Positive values (net usage) are calculated as generation and delivery charges.
NBCs are charged on ALL pulled kWh for the month.
Generation credits from your NEM bank are then applied to all but the NBCs.
If you still have a credit, you get the minimum daily charge (MDC) applied.
Rinse and repeat until True-Up.
Your assumptions are good. Load shifting, batteries, and Westerly facing panels offset that most expensive On-Peak.
Think of it as 3 (or 2) buckets that are netted at the end of the month.
Negative values (net producer for that TOU period) are multiplied by the full retail rate and added to your NEM credit bank.
Positive values (net usage) are calculated as generation and delivery charges.
NBCs are charged on ALL pulled kWh for the month.
Generation credits from your NEM bank are then applied to all but the NBCs.
If you still have a credit, you get the minimum daily charge (MDC) applied.
Rinse and repeat until True-Up.
Your assumptions are good. Load shifting, batteries, and Westerly facing panels offset that most expensive On-Peak.
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