Understand Net energy Metering and your bill. Put Simple the energy you produce, minus the energy you consume, equal net energy.
Each month, your NEM statement shows the amount due for the monthly minimum delivery charges. The statement also shows a summary of your current and year-to-date charges and credits.
UNDERSTAND HOW NEM WORKS FOR YOUR HOME
The electricity that your renewable system generates serves your home's energy needs and reduces your monthly electric bill. We au-tomatically supply additional power to your home when needed day or night. When your system generates more electricity than your home can use, the surplus energy exports to our electric grid.
After 12 months, you receive your NEM True-up statement. This statement provides your net energy charges and credits over the entire year. It also shows any final balance due.
LEARN ABOUT SURPLUS ENERGY PAYMENTS
California State Assembly Bill 920 allows to make payments to NEM customers who generate more electricity than they use over their 12-month billing cycle. The compensation received is called Net Surplus Compensation (NSC). The NSC rate Is based on a 12-month average of the market rate for energy. The rate is about three to four cents per kilowatt hour (kWh). As an NEM customer, you are enrolled in this program automatically. If you qualify, the NSC you earn appears on your annual NEM True-up statement.
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