Net metering update

Back in our June performance update, we mentioned that June was our first year anniversary for our solar PV system. In New York, the utility keeps track of the amount of power we use and generate (net-metering) over the course of a year and on the anniversary date credits the owner with any surplus power generated. We generated a surplus of 3,650 kWh from June 1, 2011 to June 1, 2012.

After several calls to customer service and waiting 75 days, we finally got our credit from the power company.

Are you sitting down? /joke/


That works out to roughly $0.04 / kWh. That would be what the utility calls the ‘avoided rate’, the price they pay for not having to generate the electricity we sent back to the grid.

Oh well, at least it will pay for almost 10 months of “Delivery Service” fees in the coming year.

Now if New York could just get it’s act together and pass legislation creating a state-wide Solar Energy Renewable Credit (SREC) market. We generated over 8 megawatt hours in our first year of operation. SRECs in nearby Massachusetts are currently going for about $271 per megawatt hour. So 8 megawatt hours in Massachusetts would equal $2,168.

$2,168 sounds a lot better than $159.82 doesn’t it? It would also speed our payback period significantly and get a lot more people interested in solar.

3 Responses to “Net metering update”

  1. 1 Wade Stevens 14-August-2012 at 1:00 pm

    what’s the cost to run a long cable to MA? lol ….

  1. 1 Second solar anniversary | Up Hill House Trackback on 28-July-2013 at 11:45 am

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Latest Uphill Tweets

  • @ShackValley @AndrewYang Or better, all their largest donors so we can see who’s interest they really represent. 5 days ago
  • RT @robodellaz: More than a year ago, I was asked to do the impossible. Help build an algorithm that could tease out what statehouse bills… 2 weeks ago
  • RT @ShackValley: We receive so many #spam phone calls to our #landline at home we turned off the ringer and answering machine. Cell service… 2 weeks ago
  • RT @harrybr: The name “radio button” comes from the actual physical buttons that were used in old radios. Push one in and the others pop ou… 1 month ago
  • @murtaugh I found the de-aging wierd and distracting. Still loved the movie though! 1 month ago

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 297 other followers

%d bloggers like this: