When more power in a month is generated than consumed for the grid
each surplus kWh is still credited at the retail value.
So if you have generated
surplus kWh (kilowatt hours) they will turn into $ $ at the end of each 12 monthly cycle.
So if you have generated
surplus kWh (kilowatt hours) they will vanish at the end of each 12 monthly cycle.
FPL offer their Saint Augustine solar customers net metering crediting
every surplus kWh of solar generation at the same value as one drawn from the grid at night or when it's cloudy for example.
Not exact matches
If we adjust his figure for the calculations above the
SURPLUS is 91.5
kWh / d / p.
In this application, the truck will essentially be under a heavy load and using the electric motors to brake the entire way down to the lower elevation, which is expected to generate a
surplus of 10
kWh of electricity with each roundtrip it takes.
While we were curtailing spilling and steaming off we were also exporting
surplus power to New York, Michigan etc. and they were paying us 1.6 cents a
kWh while we picked up the costs of the GA of 9.5 cents a
kWh.
Residential customers: The credit per
kWh for the
surplus energy you generate will be the same per
kWh rate we charge for the Renewable Rewards electricity product.
The utility currently credits residential net metering customers that dispatch
surplus electricity to its grid the equivalent of 10 cents per
kWh.
The solar system is providing energy savings of 18 %, while producing 3,500
kWh of
surplus energy per year.
With
surplus generating capacity in the 90's, a highly conservative mindset among power producers and industrial consumers and average power production costs heading for 1 cent per
kWh, breaking into the market seemed impossible.
Net metering means that for every unit of
surplus solar generation (
kWh) during the day you effectively get a credit for a kilowatt hour (
kWh) of power purchased from the grid at another time.
We assume that the White House is on the Potomac Electric Company's Residential Time Metered (RTM) schedule, with 3.5 % utility escalation rate, and 5c /
kWh for Net
Surplus Compensation.
This market would allow Ontario businesses and residents to access
surplus clean power at the wholesale market price of less than two cents per kilowatt - hour (
KWh), which could displace the use of fossil fuels by using things like dual fuel (gas and electric) water heaters, and by producing emission - free hydrogen fuel.
Customers usually receive some sort of compensation for excess electricity generated, often called «Net
Surplus Compensation,» which reflects the cost savings for the utility company for those
kWh.