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Net Metering and Surplus Compensation Enrollment Form

Net Metering and Surplus Compensation Enrollment Form 2025

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The document is a Net Metering and Surplus Compensation Enrollment Form for Pasadena Water and Power (PWP) solar customers, allowing them to receive compensation for surplus electricity generated by their solar systems. Customers must complete the form to elect compensation options, which vary based on net metering methods and ownership of renewable energy credits. The form outlines the process for enrollment, compensation rates, and conditions for changing net metering options.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How does net surplus compensation work?

At the end of a customers 12-month billing period, any balance of surplus electricity is trued up at a rate based on the recent market rate for energy resulting in net surplus compensation (NSC). The NSC rate is approximately $0.02 to $0.03 per kWh (for up-to-date NSC data, follow these links: PGE, SCE, SDGE).

What is the net surplus compensation program?

The Net Surplus Compensation Rate (NSCR) compensates Net Energy Metering (NEM) customers for electricity they produce in excess of their on-site load over the course of a 12-month period, referred to as the Relevant Period. NEM customers who produce excess power over their Relevant Period are known as Net Surplus

What is the net metering program in Colorado?

Net Metering in Colorado All residential solar systems with a capacity of up to 10 kW are eligible for net metering. This scheme permits homeowners to export surplus energy back to the power grid and receive billing credits in return.

What is net metering in Virginia?

Net Metering is a special metering and billing agreement between Dominion Energy and participating customers. Residential and Business customers who choose to participate in Net Metering agree to have a renewable energy source on their property that connects to the Dominion Energy power grid.

How much do I get for selling electricity back to the grid?

Research using the Enact platform found the payback period under NEM 3.0 for residential solar in California is 4.8 years in 2024. This means that homeowners who invest in solar panels under NEM 3.0 can expect to recoup their initial investment in less than five years through savings on their utility bills.

Why is my Edison bill so high if I have solar?

Since rates vary with the market value of electricity, theres no set dollar figure that you can expect to take home. However, some home producers make from $0.04 to $0.08 per kWh sold back to the grid. Before you commit to an investment in renewable energy, make sure you have the full story.

Net Metering and Surplus Compensation Enrollment Form 2025

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