Borgholio
Member
I believe you can have both net metering and TOU. The SCE website even mentions that the TOU-d-t plan is popular with solar customers. The advantage of being on a TOU plan with solar is you are potentially being credited during the generation hours for the crazy high KWH peak rate. If you can generate more than you use during the peak hours, those credits at the peak rate go pretty far towards offsetting the non-generating hours use.
This is correct. The on-peak summer rates are something insane like 45 cents per kw/h. So if you have solar, you will essentially be generating power at that rate which will mean your payback period will be quite short. At the same time, if you charge after 10pm, you get the super-off-peak rate of 12 cents per kw/h. So best of both worlds.