Pseg Solar Buy Back -

Energy credits don't sit in your bank forever. Once a year, on your "Anniversary True-up" date, PSEG reconciles your account.

: This is where the rate changes. Unlike the 1-to-1 monthly credit, the annual payout is usually at the avoided cost (wholesale market rate), which is significantly lower than the retail rate you pay for electricity. pseg solar buy back

: Your monthly bill only reflects the "net" difference. If you exported 500 kWh and used 400 kWh, you pay only the fixed customer charges (typically around $0.40/day) and bank the remaining 100 kWh. The Anniversary "True-Up" Energy credits don't sit in your bank forever