> I am hearing that the electric company will only give you credit towards > future bills, not cash. Doesnt make sense if you produce your own electric > and do not use the grid that you can only get a credit that you may never > use.
As mandated by Florida state law and already implemented by the Florida PSC, the way that net-metering works in Florida is that the electric utility will roll your net-positive kWh credit into the next month and continue to accumulate such credits until the end of 12 months, at which time the utility will pay you cash for the cumulative kWh credits you have built up over the previous year, *BUT*, valued and paid to you at the utility's "avoided cost", which is around 4 cents/kWh, *not* at their retail price, which is around 12 cents/kWh. The way you earn the monthly net-positive credits (if indeed you have any) is on an implicit "retail" basis, valued at 12 cents/kWh, i.e. netted off against your usage at the same retail price (of 12 cents/kWh) that the utility charges; but if you have any cumulative net-positive kWh balance at the end of 12 months, that is paid to you in cash at the utility's wholesale avoided cost rate of 4 cents/kWh. This is also the case in some places in California. In other places in California, you simply lose any accumulated net-positive kWh credits at the end of 12 months if you don't use them up by sucking those kWh back out of the grid. In both cases, what California EV/PVers do is to have a big charging party in the 12th month of their annual billing cycle, whereby they invite all their EV buddies over to charge at their house for a week to suck all those kWh back out of the grid to get them back down to a cumulative net of 0 to end the 12-month cycle. ----- Original Message ----- From: "Michael Clark" <[EMAIL PROTECTED]> To: <[email protected]> Sent: Wednesday, September 03, 2008 5:19 PM Subject: [FLEAA] come see us jeremy! > > >> Michele and All, >> >> I will introduce myself first since I am new. I am an Electrical Engineer >> at >> Honeywell in Clearwater, FL. Looking to build my first EV soon for >> commuting >> purposes. So be on the lookout for questions from me and or any resources >> you all may have you can send my way. >> >> As far as your statement / Question Michelle about the storage and >> reselling >> of electricity. You are correct in the thinking that once the electricty >> passes through your meter you are charged for it and what you do with it >> is >> your business. If you wish to store it and sell it have at it if you can >> find someone to purchase it from you but keep in mind they can get it >> from >> the same electric company you stored it from. >> >> As far as using Wind and or Photovoltaic sources on your home and selling >> it >> to the power company. There are some forms available on their websites >> you >> can fill out. Get it signed by a licensed electrician and submit, some >> charge a processing fee. The Electric Company will then proceed to your >> home >> and install a metering device to measure any electricity that is sent >> back >> to the Power Grid. Any power that is sent to the grid well be credited to >> you either in your upcoming power bill or in a check. The Value of the >> electricity is calculated from the Current market values. >> >> I hope this information helps. > > > > ANY information helps! I'd love to set up soo many solar panels that it > produces enough to sell to my neighbors and only charge enough to maintain > the panels. then, to have neighbors link up with neighbors to hopefully > get > enough for the whole neighbor but yes, this is a utopian idea and could > only > work in the almost perfect situation (but one can dream) > > Come see us in tarpon springs on saturday! We are starting the conversion > on the jetta and plans on how to restore the 1981 linx electrica. > > Michele, Id love to see gov't officials in EVs. other area counties are > all > interested in them and just are waiting for them to be available. Time to > show and tell not just tell. I always hear how the vehciles will be > available in 1, 2, 3 or 4 years... whats the hold up? > > I am hearing that the electric company will only give you credit towards > future bills, not cash. Doesnt make sense if you produce your own electric > and do not use the grid that you can only get a credit that you may never > use. > _______________________________________________ > Florida EAA mailing list > [email protected] > http://www.floridaeaa.org > > > -- _______________________________________________ Florida EAA mailing list [email protected] http://www.floridaeaa.org
