Surprisingly there is very little information on how billing works for net metering.
I have a basic question, does net metering work on dollars or on KWh.
or in more simple terms, when in day time I am pumping electricity back do they just count it as a KWH which is offset against night KWH or do they credit the cost of electricity in day and charge it back in night.
The difference between these two is important since if they credit the dollars, it would be better for me to switch to EV or E6 plan which has very high rate in day time and buy at low rate in night. Here is example to illustrate..
1) dollar credit -- I switch to E6 or EV plan. One extra KWH produced in daytime will get me 34 cents and at night I buy tha KWH at 19 cents. So I will he ahead by 15 cents.
2) KWH credit -- I keep any plan, any KWH produced will net out any other KWH at same price, so no net advantage.
so how does it work ? and what are gotchas ? will PGE require me to buy special meter for option (1) or there are rules about (1) which reduce my benefit ?
I have a basic question, does net metering work on dollars or on KWh.
or in more simple terms, when in day time I am pumping electricity back do they just count it as a KWH which is offset against night KWH or do they credit the cost of electricity in day and charge it back in night.
The difference between these two is important since if they credit the dollars, it would be better for me to switch to EV or E6 plan which has very high rate in day time and buy at low rate in night. Here is example to illustrate..
1) dollar credit -- I switch to E6 or EV plan. One extra KWH produced in daytime will get me 34 cents and at night I buy tha KWH at 19 cents. So I will he ahead by 15 cents.
2) KWH credit -- I keep any plan, any KWH produced will net out any other KWH at same price, so no net advantage.
so how does it work ? and what are gotchas ? will PGE require me to buy special meter for option (1) or there are rules about (1) which reduce my benefit ?
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