A true-up argument will be included on the utility company’s final bill after your solar billing cycle. Because the solar billing term is generally one year, you will typically receive your first true-up notification after your first year as a solar client since the solar billing period is normally one year. The true-up statement is used to reconcile all the accumulated energy costs, credits, and any compensation you may be entitled to throughout the whole solar billing cycle. If there is still a sum owed to you after all of the charges and credits have been reconciled, then that amount will be included on your true-up statement. If you have unused credits, your solar energy provider will either return them to their original value of zero (this is the industry standard) or carry them over to the following solar billing cycle, depending on the interconnection agreement you have in place. Now you have the answer of what is true up pge.
If you pay close attention to your monthly power bill over your solar billing cycle, you can adequately prepare for your true-up statement (there will be no surprises!). Numerous service providers provide customers a monthly overview of expected real-up costs (or credits), determined by what you have produced and used up to this point. Be aware that if you are on time-of-use (TOU) rate plan, charges and credits may vary based on the time when energy is being utilized. This is something you need to keep in mind. You can find additional information regarding the various pricing schedules in this section. When customers transition to solar, most go from a single-rate or flat-rate system to a TOU schedule. Because of this, they can be shocked that prices change depending on the time of day. Because of this, it is important to keep an eye on your monthly power account to ensure that you are maximizing the benefits of solar generation and cutting back on use when rates are higher.
What Does PG&E Keep An Eye On?
When the energy produced by your solar panels is greater than what you need, you can transmit the excess energy to the grid, and PG&E will give you credit for the value of the energy you contributed. In that precise instant, when the amount of electricity your house requires is greater than the amount your network can provide, you draw on the power that PG&E generates through the grid, and PG&E monitors the value of the energy. Because of this, it is now feasible for them to monitor the “net” energy, which refers to the amount of energy your machine adds to the grid and the amount of energy your house draws from the grid.
You will get a Net Metering Report from PG&E every month. It keeps track of the “net” output, also known as the extra power that your solar system provides to the grid, and the “net” absorption, also known as the total amount of electricity your house absorbs from the grid. You will not be charged for this batch while you are still in the True-Up phase of your subscription.