|My electric meters|
In the image above, the top meter shows that I have imported 22476 kWh and exported 11017 kWh since these meters were installed in April 2011. Essentially I have offset 50% of my energy over six years using solar power. Since the system has grown over time that percentage is currently higher. For instance, over the last 12 months I exported 3383 kWh, imported 5222 kWh with a net usage of only 1983 kWh
In the summer months I export more than I import and thanks to the Net Metering Agreement, the utility gives me a full retail credit for every kilowatt hour exported and this credit is carried forward. They do not pay me directly but simply apply this credit to subsequent bills until such time as I use it up. They do not carry a credit forward if it has run over 12 months. I have had a very good year this year and have not paid my utility for electricity since May (it is now mid-October) and I am still carrying a credit that will apply to my next electric bill. Here is the section of my bill indicating the most recent meter readings:
|Section of my electric bill showing imported and exported energy.|
|Chart updated in July 2016|
In a larger context, I am considered a micro generator that contributes power to the grid. By doing this, I am reducing the load on the local grid which actually does the utility a favor. However, the utilities do not see it this way due to the lost revenue and many utilities are beginning to fight back to prevent them having to give credit or payouts to people that provide renewable energy into the grid. This is shortsighted thinking and they are going to have to adjust their business model as more renewable energy systems are brought online.