As long as we're pooling our ignorance, I researched this topic (solar in a deregulated Texas retail environment) several months ago and came away thinking the metering worked like this: as soon as (instantly) I produced more power than I was using, that excess fed back to the grid and I was not compensated. Not on a monthly basis, but instantly. If that is true (for me), it would require a couple of Powerwalls to store the daytime energy to be used at night. I ran the numbers and figured my current rate (8.1 cents/kWh) would have to double for me to benefit economically from solar power. Just not in the realm of feasibility. I think there was one REP that did net-metering (i.e. they paid you for power you produced)--one, out of dozens of REPs. And it was not price competitive.
However, I'm sure it's different with co-ops. @LUXMAN, I admire you for taking the plunge.
However, I'm sure it's different with co-ops. @LUXMAN, I admire you for taking the plunge.
Now the more I think about it, (Days off are bad things), the more I cannot yet justify the PW unless this were to happen, unless someone else has some ideas. Yes, obviously I wanna be green, but if I use the saved PW energy at night under my current plan, it makes difference in my bill. But by exporting it during the day, they are producing less energy with fossil fuels during the day and late afternoon, so maybe that will decrease their production by a blip since people power down in the evening (unless of course you presume they use more power from 6-10pm, which I guess very well may be the case.