Submitted by Direcircumstances1 t3_10ilsyd in baltimore
Does anyone happen to know. How much BGE is paying per kWh if your system produces more than it uses if you are on net metering for your solar panel system?
Comments
TerranceBaggz t1_j5gp1zv wrote
I should know, but I’ve never bothered to look despite having solar panels.
Direcircumstances1 OP t1_j5hnuhx wrote
If you check let me know.
TerranceBaggz t1_j5ifxr4 wrote
According to this site, it’s full retail rates. So what you pay them for it is what they buy it from you for. I know it’s going up. It was 14¢/Kwh iirc.
Direcircumstances1 OP t1_j5nhn43 wrote
The current bill is showing just under 0.10¢ a kWh. If they are buying it back at the same rate they bill that’s awesome.
TerranceBaggz t1_j5puxu6 wrote
Oh hmm I thought we were paying like 14¢.
Direcircumstances1 OP t1_j5si5da wrote
Check your bill. I just saw it at just under .10¢
Matt3989 t1_j5jyemy wrote
>BGE pays customer-generators at the Standard-Offer-of Service (SOS) rate. The dollar value of net excess generation shall be equal to the generation or commodity portion of the rate that the eligible customer-generator would have been charged by BGE averaged over the number of months the account was been net negative. For customers served by an electric supplier, the dollar value of the net excess generation shall be, if available, equal to the average generation or the commodity rate the customer would have been charged by the electric supplier of record. BGE will contact the electric supplier and they will provide the rate.
https://www.bge.com/SmartEnergy/MyGreenPowerConnection/Pages/FAQs.aspx
Selling RECs is where you'll make more money from a home solar system though.