What are Energy Export Credits and how do they work?

Submitted by kalashreekalpana.das on
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FAQ Answer

Once you’re enrolled in the Solar Billing Plan, SCE tracks the amount of electricity exported to the grid by your solar system, as well as the amount of electricity you consume from the grid, during each billing period. SCE does not track all the energy your solar system produces, only the excess energy you provide to the grid.

 

If your solar system produces more energy than you need, the Solar Billing Plan allows you to receive Energy Export Credits (EEC) for the surplus electricity you supply to the electric grid. Exported energy can lower your balance or, in some cases, offset it completely – it all depends on how much energy you produce, versus how much energy you consume. These credits are applied to your monthly bill, but do not offset certain set fees. The value of these credits varies hourly. Any unused credits accrue and roll over from month to month for the duration of your Relevant Period.  

If you still have surplus energy when you receive your annual settlement statement, you may be eligible for a payout at the Net Surplus Compensation (NSC) rate. 

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