Quote:
Originally Posted by Neilk
Here is a good Oncor rate at 13.8 cents. In the example above, 18.7 is the rate that you would pay whenever you need electricity from the grid if your solar or batteries are not meeting your energy demand.
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And that is NOT a Net metering plan. They pay market rate for the electricity. And you do not get the delivery charge back. So most of the time you will get 2-5 cents/kWh for your excess power.
On the other hand, in August, if you produce when the market rate is extremely high, you might make out. Sometimes power reaches $5000/MWH aka $50/kWh.
Yes, DOLLARS not CENTS!