PG&E installs a specially programmed net meter to measure the net energy—the difference between the energy produced by your renewable generating system and the amount of electricity supplied by PG&E.
Each month you pay only for your monthly minimum delivery charges and any gas charges.
What does net metering program mean?
Net metering is a billing mechanism that credits solar energy system owners for the electricity they add to the grid. For example, if a residential customer has a PV system on the home’s rooftop, it may generate more electricity than the home uses during daylight hours.
What are non Bypassable charges?
Non-bypassable charges. Non-bypassable charges (NBCs) are per-kilowatt hour charges that are built into utility electric rates. They add up to approximately 2-3 cents per kWh and go towards funding energy efficiency, low-income customer assistance, and other related programs.2 Jan 2019
What is nem in solar?
Net energy metering, or “NEM”, is a special billing arrangement that provides credit to customers with solar PV systems for the full retail value of the electricity their system generates.
Does PG&E have net metering?
Net Metering (NEM) is the system PG&E uses to credit you for solar production. NEM is based on the amount of energy your system produces relative to the amount of electricity your household consumes. Your account receives a “True Up” once a year, but you are sent monthly reports that offer a snapshot of energy used.
Does PG&E pay for solar power?
PG&E offers two types of payment plans for all customers. First, they have a Tiered Rate Plan. Under Net Metering 2.0, new solar customers between now and 2019 will automatically be enrolled in a TOU plan, so that the cost of electricity is highest at times of high demand, like early evening.
What is a net metering cap?
Net metering is a billing mechanism that credits solar energy system owners for the electricity they add to the grid. Under Massachusetts Law net metering caps are set as a percentage of total electric distribution utility company load. For private projects, the current cap on net metered capacity is 7 percent.
How much does the electric company pay for solar power?
The commission estimates the fee would range from $75 to $150 per solar customer. In addition, rooftop solar customers would pay a fee estimated at 2 cents per kilowatt-hour for electricity used from the utility companies, no matter how much power their solar systems generate.
Photo in the article by “Wikimedia Commons”