Hello Stretch2727, I have been driving a Tesla for 4 years now, 3 with an X and now a Y. My yearly consumption is about 27000 kwh out of which probably 17000 kwh is used at night to charge the car-so off peak. I recently put a 20KW solar system and now I am thinking about switching to RLM. Today while browsing the PSE&G site, I saw this in the Solar Power and Net metering section under FAQs for Time of Use.
"Each Time-of-Use period has its own Energy Credit Bank. Excess generation during a "Peak" period is credited to the "Peak" period energy bank, and can only offset future "Peak" period usage. Similar energy banks are created for other periods. “Peak” and “Off Peak” energy banks cannot be combined."
Does this mean that the energy produced during the daytime-peak period(almost most of it) cannot be used for charging my car at night when it is offpeak? This in my case is 2/3rd of my usage.
Is this what you mentioned in an earlier post that NJBPU does not allow this?
Any electricity generated during peak hours goes into a peak bank. And is only used during peak hours only. Any off peak generation can only be used during off peak times. During the summer I generated a huge peak overage but it is being used now during the winter since production plummets now.