Quote:
Originally Posted by GrumpyOldMan
You left off selling excess back to the grid.
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Selling excess back to the grid will be at the wholesale rate, not the retail rate that you pay. This quote from SECO's web site:
Net metering captures the “net” energy used monthly by members with interconnected systems. “Net” is the difference between energy purchased from SECO and energy produced by the solar system. Members who produce more energy with their solar system than they actually use generate power back into SECO’s electric distribution system. These members who generate excess power are in essence small-scale wholesale power providers. Thus, they are credited by SECO for the power their solar systems produce at SECO’s wholesale rate.