General EV Conversation
NJ has net metering so I feed the grid directly and I get charged for the difference between used and generated. Because I usually overproduce, I build up a cushion of credits in the spring/summer that dwindle down in the fall/winter. Last year or two I haven't been over producing because it's been hot and AC has been running a ton but the highest electricity bill I've seen has been about $150. Prior to solar, my summer bill was between $400-450. I also generate solar credits for every MWh generated which I have set to auto sell. Sales price has been between $200 and $250 per credit and I generate 15 a year so $3000 a year on the low end.
you give it, they take it, you give it, they give it, ...my elec. bill is under $200 without solar, for a good size house, pool and charging 2 electric vehicles.
I'm already at breakeven so everything from here on is money in my pocket
CL Community Team
Joined: Feb 2007
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From: IL
I overproduced, and therefore carry 461kWh into the current period. Where I'm overproducing again. It will snowball through the summer, and then in the winter when I fall short, those credits will be automatically consumed, lowering those bills as well. I've only been online since November, but I've now had three consecutive $20 bills (customer/meter charge only) starting from March, and I expect that to last through at least November if not longer. January or February will likely be my largest bill of the year going forward, but this year February's bill was exactly half of last year, because I produced just over half of my consumption.
All in, it's looking like a roughly 5-year payback.
yours is simpler than allen’s. He has these other ‘credits’ being sold too…
anyway, no chance in hell a solar system for me pays back in 5 years based on quotes i’ve had, plus i think i really don’t want all those panels mounted on my steep metal roof. Maybe next house…
anyway, no chance in hell a solar system for me pays back in 5 years based on quotes i’ve had, plus i think i really don’t want all those panels mounted on my steep metal roof. Maybe next house…
CL Community Team
Joined: Feb 2007
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From: IL
Lexus Champion
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Lexus Fanatic
Joined: Nov 2011
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also going to franchises in the US
In April 2025, the automaker said it plans to close the California stores and instead funnel all of its U.S. sales through franchised dealers. I
Last edited by Toys4RJill; Jun 5, 2025 at 07:02 PM.
