Electric Coop doesn't pay for any KWH's above what you use...

I ran across a home this morning while out going to a local community wide garage sale. It had a 2500 watt roof top system with a Sunnyboy grid tie inverter.
The owner said they were tied into an electric company that was a Coop here in Texas. This Coop has a use KWH meter and a buy-back meter. As I understood the owner's issue with the Coop, it is that the Coop credits each KWH generated at full value against all KWHours the home uses each month. (Simple Example: Generate 1,000 KWH and house useage is 1,000 KWH means zero electric bill) But, with any surplus KWHours going back into their grid, there is ZERO payment for them just because THEY ARE A Coop electric company.
Was that the intent of the law when the buy-back was originally written? Any of you run across this kind of grid tie agreement?
Thanks,
Bill
The owner said they were tied into an electric company that was a Coop here in Texas. This Coop has a use KWH meter and a buy-back meter. As I understood the owner's issue with the Coop, it is that the Coop credits each KWH generated at full value against all KWHours the home uses each month. (Simple Example: Generate 1,000 KWH and house useage is 1,000 KWH means zero electric bill) But, with any surplus KWHours going back into their grid, there is ZERO payment for them just because THEY ARE A Coop electric company.
Was that the intent of the law when the buy-back was originally written? Any of you run across this kind of grid tie agreement?
Thanks,
Bill
Bill
Comments
HaHa! My COOP won't bank the KWhs month to month, but they do pay their cheapest wholesale rate for the overage about 2 cents a KWh. Our monthly fee has gone to $33, I haven't been connected for 3 years and just learned about the increase to $30 and now $33. It only needs to get to about $50 and if my poisoned battery makes it 12 years I should be about neutral cost wise. Even ahead if I never replace my inverter, which was planned and budgeted 3 years ago.
- Assorted other systems, pieces and to many panels in the closet to not do more projects.
I am working on it in a small way but for offgrid, it is the best thing since the bottom fell out of panel prices! I love it!
http://members.sti.net/offgridsolar/
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We used to try and get as high a payback as possible but at those current rates we look for opportunity loads to use them up in November and December.
I still have dreams that I am not going to graduate.....The electric car must be great for your strategy.
http://members.sti.net/offgridsolar/
E-mail [email protected]
BTW we are now thinking about what preventive maintenance items to do increase the longevity of the cars so we can drive them till the doors fall off. The electric motor regenerative charging makes the brakes look like brand new still. As nears as I can tell the batteries still perform as new and we get over 40 miles electric range even with the AC running on ECO. I have to say that GM did the batteries right with the water cooling system. The range is helped by pre-starting the cars while still plugged in to either cool or heat them as needed off the 220V wall power. The heater kills the range, AC less so.
hehe on the dreams, I still have them of the first time .... opps family board! LOL