You got your solar system installed. Your system is showing 1001 units produced in the month. You are ecstatic! You get your electricity bill…. Wait a minute… how does it read like a Star Trek Manual. It’s Stardate 3192.1 and thats exactly what NEPRA wants you to understand…as if it’s written in Klingon.
Fear not, we have cracked the code and Smart Home Solutions will make it easy for you to understand.
Three numbers are important, Your off peak imports, peak imports and your exported units. LESCO will give you a credit in your bill, four times a year (so look at your January, April, July and October bills for the credits to be realized).
CONSUMPTION: UNITS CONSUMED (IMPORTS) – UNITS PRODUCED (EXPORTS) = NET UNITS USED + PEAK UNITS.
PRODUCTION: UNITS PRODUCED (EXPORTS) – UNITS CONSUMED (IMPORTS) = CREDIT BILL
Net units earned will be credited in the golden months mentioned above (JAJO). The other months are for accumulating credits and staying in the off peak consumption time zone( ALL DAY AND NIGHT EXCEPT
5pm-9pm (DEC to FEB)
6pm-10pm(March to May)
7pm-11pm(June to August)
6pm-10pm(Sept to Nov)
Since Solar is a long term investment and a convenience first asset, you don’t want to worry about switching this and that off. So what should you be doing to keep the convenience and affordability factors in play? Produce more power and export the excess units to keep your electricity bill down or even in a credit.
Key Takeaways:
-Reduce peak hours consumption to increase the credit payback you get
-Net Meter:
#4 Total import of units
#5 Total Export of units
#6 Import of Peak hour units
#8 Import of Off Peak hour units
#9 Export of excess production to LESCO
-Bigger is Better (related to our next post -Why does my solar expert keep pushing me to get a bigger system?)
