Because of the TOU (time of use) price structure, the peak solar production time also happen to be the time of highest credit generation at $.48/kWh. Meanwhile, we were able to move half of our usage to the super off peak hours at $.17/kWh. Essentially 1 kWh generated in the afternoon can be traded for 3 kWh of use after midnight.
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Wow I had no idea they had a program that gave anywhere near that much $$ for electricity you produce.
For anyone else who may have been in the dark like me, here is what SDGE will pay in a program available to EV owners:
[img_assist|nid=20926|title=TOU for EV Owners|desc=|link=node|align=left|width=639|height=640][/quote]
Yeah, no kidding. I was looking at about $500 per year on fuel cost with the EV. The TOU structure essentially makes that free. I guess the payback is so high thanks to people like my neighbor who likes to keep indoor temp at 65 at all time.
