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Can I receive a credit for any excess electricity generated at my home that is delivered to the electricity grid?
The production of electricity from alternative energy technologies may result in some of the generation being sent back to the grid. For example, while a family is at school or at work and there is little energy required in their home, the alternative energy technologies installed in their home might generate more electricity than the household needs at that time. During the periods when the on-site consumption is less than the generation from the alternative energy technology, the excess electricity generated is sent back to the grid. As of January 1, 2009, homeowners can receive a credit on their bill for any excess electricity generated at their home that is delivered to the electricity grid.
A detailed example would help illustrate this electricity credit process: |