Sentences with phrase «excess kilowatt hours»
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Per the IRS, the credit is equal to $ 2,500 plus an additional $ 417 for each kilowatt hour of battery capacity in excess of 5 kilowatt hours.
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With the battery's energy content of 95 kilowatt - hours, range is in excess of 500 kilometers (310.7 miles)(NEDC).
It allows prosumers using solar or other forms of renewable energy to bank excess electricity on the grid (to use the electricity grid as a temporary storage unit), usually in the form of kilowatt - hour credits.
Excess generated Kilowatt hours or credits can be rolled over into the next month billing period.
When the electricity generated by your solar energy system is more than you use in your home, the energy gets exported back to the grid and your utility buys the excess electricity from you at a couple cents per kilowatt hour.
Under a policy known as net metering, NV Energy reimburses solar customers about 11 cents for per kilowatt - hour of excess energy they generate.
It is a very generous program that means any excess solar generation that is exported to the grid can be entitled to as payment of $ 0.37 per kilowatt hour for 20 years.
Net metering gives you as an owner of a residential solar system back half the retail value of every kWh (kilowatt hour) of excess power your solar system generates.
Each utility must compensate customers with systems less than 40 kW in size for net excess generation (NEG) at the average retail utility energy rate, defined as the total annual class revenue from sales of electricity minus the annual revenue resulting from fixed charges, divided by the annual class kilowatt - hour sales.
Bloomberg recently published a report stating 1.3 cents / kilowatt hour rate in Russia which also has excess power capacity of 20 gigawatts might give them an edge in terms of cost efficient power consumption over China.
Russia has 20 gigawatts of excess power capacity, with consumer electricity prices as low as 80 kopeks (1.3 cents) per kilowatt hour, which is less than in China, RMC said in the presentation.