Pseg Solar Buy Back Here

: This is where the rate changes. Unlike the 1-to-1 monthly credit, the annual payout is usually at the avoided cost (wholesale market rate), which is significantly lower than the retail rate you pay for electricity.

: In most cases, you receive a full 1-to-1 credit for every kilowatt-hour (kWh) exported. These credits are "banked" to offset your future usage during cloudy days or at night. pseg solar buy back

Energy credits don't sit in your bank forever. Once a year, on your "Anniversary True-up" date, PSEG reconciles your account. : This is where the rate changes

: If you have a remaining credit balance after 12 months, PSEG "buys back" those credits. These credits are "banked" to offset your future

: PSEG installs a special meter that tracks both energy "In" (drawn from the grid) and energy "Out" (exported to the grid).

: Your monthly bill only reflects the "net" difference. If you exported 500 kWh and used 400 kWh, you pay only the fixed customer charges (typically around $0.40/day) and bank the remaining 100 kWh. The Anniversary "True-Up"

When your solar panels produce more electricity than your home consumes—typically during sunny afternoons—the surplus flows back into the grid.