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Privacy PolicySystems applied for after April 14, 2023, use "avoided cost" rates. Instead of retail value, you are paid what it would cost PG&E to buy that power elsewhere. This typically averages $0.04 to $0.09 per kWh during the day—a drop of about 75% compared to NEM 2.0. How Buy Back Payments Work
This is roughly $0.02 to $0.04 per kWh , based on wholesale market prices.
Regardless of your plan, there are two distinct types of "credit": pg&e solar power buy back
This will help me provide a more tailored ROI analysis for your specific situation. Understand Net Surplus Compensation
If you still have a surplus at your "True-Up" (the end of your 12-month cycle), PG&E pays you for the leftover power. Systems applied for after April 14, 2023, use
Your solar system's financial value depends on which regulatory "tier" you fall under, primarily determined by your application date:
You can leave the credit on your account for future bills or request a check if the amount exceeds $1. Key Program Details for 2026 How Buy Back Payments Work This is roughly $0
If you applied before April 14, 2023, you are "grandfathered" into 1:1 retail credits for 20 years. You receive a credit worth the full retail rate (roughly $0.30–$0.45 per kWh) for energy you send to the grid.