Ok, here's another tidbit they conveniently forgot to tell you.
You can apply it towards your bill at the same rate we charge you.
That is actually decent, most companies will not do that, they give you 'avoided costs' ie the 3 cents or so per kwh.
HOWEVER, not is all it seems.
Let's assume that rate is 25 cents for the sake of this discussion.
You give them 100 kw, they give you 25 dollars credit towards your bill.
3 hours later you USE that 100 kw, ok fine, they charge you 25 dollars, so it looks like it all balanced out and you have a zero bill.
Not so fast. The power you sell to them that 25 dollar 'credit' they will report to the IRS as INCOME. If you pass 599 dollars in a year, expect to see a 1099 for it. You now have to pay taxes on that income. Oh, and NO you can NOT say, well I turned around and used it right back up!! the IRS will NOT allow you to discount it back off that way. If you try getting cute, expect an audit.
Your self consumption, the way your hook up is hooked makes ALL the difference in the world. If they meter every watt coming from your array, you are fucked. Now if you put the power in on YOUR side of the meters, it's used by you and nobody is the wiser. That is the optimum way. Many force you to meter it going out, even BEFORE it hits YOUR HOUSE. This way they can claim the 'solar credits' for your power. There is a huge scam going nation wide right now with companies bamboozling people to put solar on their houses, giving them like a 20 year loan on the shit, and then stealing the green credits for themselves. What happens is when companies like amazon tell you, oh we are going green we care so much. What they really mean is, well, we are buying regular electricity, BUT we will buy up credits for electricity that at the moment, was made green. They then go out on the 'green market' look for these credits to pay the people for those certificates, so they can say, LOOK it was GREEN !!! I used 50 megawatts of power, so I need to go and buy 50 megawatts of green certs to claim i am green. even if those 50 MW were made at the dirtyest power plant in the world, it's GREEN !!!
it's a huge fucking scam and people don't have a clue, which is normal. Of course anyone with any part of a functioning brain knows fully well, that ANY costs to manufacture / produce etc something ALWAYS gets passed to the customer, guess who pays for the billions of dollars that are lining their pockets?
Make your power, use your power, do NOT let anyone else claim or meter it. Store your own power in your OWN storage facilities. Give it a year or two and the dirty cunts in congress over there WILL figure out a way to try to tax you on that too, which is why what they don't know about you, won't hurt YOU.
The 3 S' work here too.
Sunshine
Save it
Shut up.
Aaron