I just got my first true up bill under NEM 1.0 and I feel like some money has gone missing.
I did over produce for the year by 354 kWh providing a whopping $10.90 in Net Surplus Compensation (I guess I'll just have to use more electricity this year)
I had a gigantic credit for the year (almost $900 due to TOU rates) - this doesn't actually mean anything, I know
I got my two CA Climate Credits for $31 and $36
I participated in Save Power Plus days and according to my bills had a total of $33.75 in credit
On my true up, the calculations came out like this:
+31 - CA Climate Credit
+36 - CA Climate Credit
+10.90 - Net Surplus Compensation
-9.80 - New months minimum charge
Creating a $68.10 net credit. The 10.90 got rolled forward (per my preference for Net Surplus Compensation) and they list a $57.20 refund coming my way. Where did the Save Power Days/PTR credits go? I was under the impression those were "real money" just like the CA Climate Credit and either should get rolled forward or refunded. Am I totally wrong which basically makes being in that program totally worthless to those on NEM who run a negative balance for the year (even if not over-producing)?
I did over produce for the year by 354 kWh providing a whopping $10.90 in Net Surplus Compensation (I guess I'll just have to use more electricity this year)
I had a gigantic credit for the year (almost $900 due to TOU rates) - this doesn't actually mean anything, I know
I got my two CA Climate Credits for $31 and $36
I participated in Save Power Plus days and according to my bills had a total of $33.75 in credit
On my true up, the calculations came out like this:
+31 - CA Climate Credit
+36 - CA Climate Credit
+10.90 - Net Surplus Compensation
-9.80 - New months minimum charge
Creating a $68.10 net credit. The 10.90 got rolled forward (per my preference for Net Surplus Compensation) and they list a $57.20 refund coming my way. Where did the Save Power Days/PTR credits go? I was under the impression those were "real money" just like the CA Climate Credit and either should get rolled forward or refunded. Am I totally wrong which basically makes being in that program totally worthless to those on NEM who run a negative balance for the year (even if not over-producing)?
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