rubyslippers3x t1_ixeqxrg wrote
Reply to comment by Darondo in Apologies for yet another thread on the new electricity rates coming our way, but for anyone who has yet to switch away from Eversource, I just did it and it took all of two minutes and will save my wife and I tons of money by mikemikemikeandike
Netting incentive from the link you shared:
"Power produced by your system, but not consumed within the month, is "netted" at the same rate you pay Eversource for electricity
Current incentive rate The netting incentive rate is the current retail rate + a quarterly Renewable Energy Certificate (REC) payment of $0.0318 per kWh. This rate is set by the state and remains the same for 20 years."
If I didn't explain it this way, then I apologize. I'm not special. My excess is credited at the same rate being offered, so kw sent= kw purchased. If I need more than I send them I have to buy at the current rate.
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