When your solar panels produce more electricity than your home consumes—typically during sunny afternoons—the surplus flows back into the grid.
: 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. pseg solar buy back
: If you have a remaining credit balance after 12 months, PSEG "buys back" those credits. When your solar panels produce more electricity than
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 : If you have a remaining credit balance