- August 17, 2023
- Posted by: AliensFaith
- Category: OBJECTIVE PRESS
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Is anyone familiar with how Silicon Valley Clean Energy does NEM? As best I can put together:
1) You get a 1:1 credit for every excess kWh produced to offset kWh consumed. This is only applies to the generation accounting with SVCE. You still have to pay the PG&E delivery charges, but the SVCE energy portion is better than the rates with PG&E’s NEM 3
2) Any excess credits carry over month to month
3) In April (fixed SVCE annual true-up month), anyone with excess credits get paid out at 2x the net surplus compensation rate.
For knowledgeable folk, what do I have wrong?
submitted by /u/jamgandsnoot
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