You know you pay for the energy you use, but what are all those other items on your bill? Our Understanding Your Bill series helps break it down.
If you see this line item on your bill, it’s because you’ve got solar panels, wind turbines or other small power-generating equipment at your location and you’ve signed up for interconnection, which allows you to export the excess energy you generate into our system. At the end of each month, any energy you’ve generated and put back into the system, subtracted from the energy we sold to you, is called net energy and will be credited back to you on your monthly bill at the net energy credit rate.
(Note that in periods where the PCA is negative, the net energy credit rate will appear lower than the base power cost we charge our members. They’re actually the same: Our members pay the base power cost plus the PCA per kWh of power. We pay our interconnect members the base power cost plus the PCA per kWh of power.)
See the current net energy credit rate and learn more about our interconnection process here.