Johnny Bacigalupo and Rob Hussey have been hit with a £17,000 bill to fix their Tesla after it was damaged in the rain - they have been told to pay even if they say it's not their fault
The cost of electricity in summer is around $0.45/kWh in peak times and $0.37/kWh in off-peak times. I get 1:1 credits for excess generation, so any overproduction during the day can offset usage at night or on cloudy days.
However, if I have credits left at the yearly true-up, they’re only cashed out at around $0.04/kWh. There’s more value in using the credits rather than cashing them out.
Don’t you get paid for that extra electricity?
I do but the rate is very low.
The cost of electricity in summer is around $0.45/kWh in peak times and $0.37/kWh in off-peak times. I get 1:1 credits for excess generation, so any overproduction during the day can offset usage at night or on cloudy days.
However, if I have credits left at the yearly true-up, they’re only cashed out at around $0.04/kWh. There’s more value in using the credits rather than cashing them out.