Comment Re:There must be a very good reason... (Score 3, Insightful) 579
He's saying he's paid retail up to the amount he uses (12 or 25 c/kWh). (Connection charges are not included.)
When he generates an excess they only pay him wholesale for that. (2c/kWh)
I think it is actually a reasonable model.
Maintaining the lines is a pretty fixed cost = connection fee.
Generate less than you use = you pay retail on the diff like everyone else.
Generate more than you use = you collect wholesale on what you sell, same as other power suppliers.
They make a profit on selling your excess power, you get free energy storage.
When he generates an excess they only pay him wholesale for that. (2c/kWh)
I think it is actually a reasonable model.
Maintaining the lines is a pretty fixed cost = connection fee.
Generate less than you use = you pay retail on the diff like everyone else.
Generate more than you use = you collect wholesale on what you sell, same as other power suppliers.
They make a profit on selling your excess power, you get free energy storage.