Quote:
Originally Posted by hawaii77
Did you read the notice they gave to everyone, they will buy it at 17kWh during they day and sell it back to you at 34kWh during the night, thats a joke you are better off buying batteries then you could be totally off grid
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What am I missing? According to my reading 17 cents per kWh is the commercial rate they pay independent energy producers, such as wind farms, hydropower, large scale solar, etc. The current grid-tie agreement for residential users is a simple kWh to kWh swap, with any surplus in your favor carrying over for up to 12 months, subject to a minimum monthly charge of $20. If you use more kWhs than you supply you pay at the prevailing rate.
Here's the NEM brochure. See section 1A for the calculation of kWhs in vs kWhs out.
http://www.hawaiianelectric.com/vcmc...rochure_FC.pdf
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