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To: ETCM
In my area, the utility pays wholesale rate for excess generation, about 2 cents per kWh then sells it to my neighbor for 10 to 20 times that price

You have it backwards. Your neighbors are being forced to buy your unreliable power for full retial price instead of wholesale power for 3 to 4 times less. In fact your 2-4 cents extra money (depending on location in California) is above and beyond the full retail price you are selling your excess power for.

The 2 cents applies to annual excess power. That's after annual net metering where you sell excess power at full retail price in the summer and buy needed power at full retail price in the winter using the summer credits.

64 posted on 10/17/2020 1:15:15 PM PDT by palmer (Democracy Dies Six Ways from Sunday)
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To: palmer

I don’t get to sell it at retail, only offset power used at night, as I called it, a free battery. The only power I can sell is excess generation at the end of the year true up. Sure, it’s a good deal. I added $120/mo to a 15 yr mortgage to replace $500+/mo electricity bill. $380+/mo in my pocket every month. I wouldn’t tell my tax preparer to “skip all the deductions, I want to pay more“. Nor would I bend over to the tune of $500+ every month when I don’t have to. Almost $25k in savings since installed.


66 posted on 10/17/2020 1:51:09 PM PDT by ETCM
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