Quote:
Originally Posted by biosurfer1
That is not correct. SoCal Edison just adopted NEM 2.0 last year and any excess production is at the retail rate from day to day, and under NEM 2.0 you are grandfathered for 20 years.
You are confusing the YEARLY excess production meaning if you produce more than you used at your yearly true up, they will only pay you wholesale rates.
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Honestly, Net Metering is wrong. It was "easy" back when there was little solar. In Texas, you have two rates on your bill, generation and delivery. Most solar plans will reimburse generation, but not delivery. There are a few companies doing regular net-metering, but usually your base rate is extremely high.
My plan will reimburse nothing, which is why I use a battery system to net-meter myself.