Jump to content


California Compensates Energy Generators


  • Please log in to reply
3 replies to this topic

#1 Nvyseal

Nvyseal

    Chairman of the Board

  • Administrator
  • PipPipPipPipPipPip
  • 9,787 posts
  • Location:From the whatever it is, Pluto
  • Country:USA

Posted 01 February 2010 - 05:21 AM

Just got this in the mail:

Quote

On October 11, 2009, Governor Schwarzenegger signed Assembly Bill 920 (AB 920 – Huffman – Solar and Wind Generation) into law.

AB 920 applies to Southern California Edison Company (SCE), Pacific Gas and Electric Company (PG&E) and San Diego Gas and Electric Company (SDG&E) Net Energy Metering (NEM) customers.

What this means is I now get compensated for any excess power my solar electric panels generate.
:)


Quote

What will happen to SCE’s NEM customers as a result of AB 920?

One provision of the law that directly affects SCE’s NEM customers is a requirement for utilities to offer compensation to customers for any net surplus electricity they generate over a 12-month period.

When will AB 920 take effect?

The provisions of the new law will be implemented in 2011 (the compensation provision becomes effective in 2010).

How will AB 920 change the way surplus energy is handled?

AB 920 will allow SCE to offer customers the option to receive compensation for any remaining net surplus energy generated during their relevant period. Customers can choose to receive compensation in the form of a payment or a carryover of credits to be used to reduce future energy charges.

Full Q&A here on SCE's Site

I just might max out my system and add a few more panels. Have Edison pay my mortgage :mail1: :scara: ;)

#2 bizketman101

bizketman101

    Advanced Member

  • Sponsor
  • PipPipPip
  • 182 posts
  • Country:United States

Posted 01 February 2010 - 03:54 PM

Nice! :scara: :mail1:

#3 stormrosson

stormrosson

    Established Member

  • Global Moderator
  • PipPipPipPipPip
  • 1,246 posts
  • Location:Silver City ,New Mexico
  • Interests:stuff
  • Country:yes

Posted 01 February 2010 - 04:50 PM

:mail1: woot.......good on ya Dman :scara:

#4 chriso_86

chriso_86

    Director of Technology Development

  • Global Moderator
  • PipPipPipPipPip
  • 2,271 posts
  • Location:Illinois
  • Interests:GOLFING, biking, movies, gaming (pc and xbox360), hanging with friends.
  • Country:U.S.

Posted 02 February 2010 - 12:18 AM

LOL, Nvy you still trying to get those to pay for themselves!! This is a good deal for you! Now you just need to put up a few towers in the back yard for a wind farm.




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users