Thanks for this summary - it's very useful. I share your frustration that this information isn't posted anywhere on the Con-Ed website.
The part I bolded is intriguing. What this suggests to me is that Con-Ed is willing to pay retail rates for surplus energy generation if you have a TOU plan. Are you sure that's what will actually happen? If you don't have TOU and you generate a surplus in a year, they will buy it from you at wholesale rates ($0.05/kWh or something like that).
If Con-Ed really pays retail for surplus generated at peak times (even if it's the lowest retail rate of the year), that might change the equation considerably. If you can generate sizeable surpluses, then selling that power to Con-Ed at retail might go some distance towards the cost of power you use at night and on weekends.
I'm glad you're getting the TOU meter and trying the experiment - please be sure to report the results!
The part I bolded is intriguing. What this suggests to me is that Con-Ed is willing to pay retail rates for surplus energy generation if you have a TOU plan. Are you sure that's what will actually happen? If you don't have TOU and you generate a surplus in a year, they will buy it from you at wholesale rates ($0.05/kWh or something like that).
If Con-Ed really pays retail for surplus generated at peak times (even if it's the lowest retail rate of the year), that might change the equation considerably. If you can generate sizeable surpluses, then selling that power to Con-Ed at retail might go some distance towards the cost of power you use at night and on weekends.
I'm glad you're getting the TOU meter and trying the experiment - please be sure to report the results!
Comment