Buy Back | Pseg Solar

: In most cases, you receive a full 1-to-1 credit for every kilowatt-hour (kWh) exported. These credits are "banked" to offset your future usage during cloudy days or at night.

: 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). : In most cases, you receive a full

: 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. If you exported 500 kWh and used 400

: If you have a remaining credit balance after 12 months, PSEG "buys back" those credits.