Pseg Solar Buy Back Info

Maximizing your solar investment requires understanding how utilities handle the energy you send back to the grid. For PSE&G (New Jersey) and PSEG Long Island customers, the "buy back" process primarily functions through , a system that allows you to bank excess energy as credits rather than receiving immediate cash. How PSEG Net Metering Works

: 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" pseg solar buy back

: PSEG installs a special meter that tracks both energy "In" (drawn from the grid) and energy "Out" (exported to the grid). If you exported 500 kWh and used 400

: 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. Unlike the 1-to-1 monthly credit, the annual payout

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