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California Compensates Energy Generators

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#1 Nvyseal


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Posted 01 February 2010 - 05:21 AM

Just got this in the mail:


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.


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


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Posted 01 February 2010 - 03:54 PM

Nice! :scara: :mail1:

#3 stormrosson


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Posted 01 February 2010 - 04:50 PM

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

#4 chriso_86


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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.

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