Overtaxed
New Member
Only if you sell it below the rate that they can produce it themselves. And with solar, they can produce power really, really cheap during the day. You see 11c/KWH (or whatever you pay); during the day, when their panels are producing, the cost to create that electric trends much closer to 0 than 11c.Actually, the electric company WANTS you to do solar and sell it to them. Their other option is to build a new power plant. That is not an option they want. It is much cheaper for you to build the power plant and sell them electricity. Yet, IDK why they make selling solar power so difficult, they are greedy and trying to take all they can take and show no gratitude.
What the power company would really like is for you to put in a massive battery and sell to them at wholesale rates overnight. That's where they actually are paying $$ for generation. Also happens to be entirely uneconomic to do that, hence the reason they aren't doing much of it themselves.