wwhitney
Active Member
It's somewhat worse than that, because of the non-bypassable part.So these are included in the normal rates, but are not credited for exports under NEM2. I think of it as a tax on exports. In effect our sell price is 2.449 cents less that our buy price. Relative to the $0.2448 off peak price, this is a 10% tax. Not huge, but not trivial.
I.e. say there are two TOU rates, $0.25/kWh off peak and $0.30/kWh peak, and NBCs are $0.03/kWh in each case. And say during peak you import 0 kWh and export 100 kWh, while during off peak you import 100 kWhs and export 0 kWhs.
Then you might think your bill is $0, because the peak credit would be $27, and the off peak charge is $25. But in fact the bill is $3, because you can't offset the NBCs from the imported energy with the credits from the exported energy.
Cheers, Wayne