Does this mean 1:1 net metering during each month? And the 25% of retail credit for exports is only applied for carryover to the next month? (I note "Excess").
No, it is "instantaneous" import and export. The meter reads the amount of power that imports separately from the power that exports.
The utility then computes the charges for the import power with all the factors (meter charge, energy, fuel charge, demand charge, etc). It is what your bill would be if you paid for the import only.
Then the utility computes the export credit. If that credit is LESS than your import charge, you pay the difference that month. If the credit is MORE than your import charge, you pay nothing and the excess credit carries forward to the next month.
What this means is you can have a really big summer period, build lots of credit, and then spend it during the winter.
In order to zero out your bill overall, you need about 4 times the energy for export and you import. You always want to use the power locally first as that is 100% credit (no import KWH needed) but you can't do that without the sunshine unless you have a battery, and the battery costs money and wears out eventually.
If you go for that, you can have battery backup of critical loads.
Given the NEC rules for ESS, may be easier to get permitted without battery, add it later.
My thoughts exactly.
I actually missed the "battery ready" part of those inverters. he batteries are good for powering the load when the grid is up, but they don't work for backup unless you add their transfer switch which is 500 ms, thus too slow to serve as a critical loads backup. Thus the batteries are only about optimizing energy delivery for lowest cost. I'm probably better off just putting in more panels and pushing more export than buying batteries, particularly if they don't get me backup.
In that case, all I need are grid tie inverters with no battery capability at all. Microinverters would do it, but cost so much, so some inexpensive string inverter is all I need. Since I have not sunk so much money into those, I can replace them at some future date with a hybrid if I want and save the panel array.
When an inverter sells new for $0.13/W, I do have my concerns whether quality is good enough. Of course if it dies, easy to swap a box.
One way to treat this problem is to install 6 or 9 units (since I need to do them in triples for phasing), and then buy 1 or 2 spares in stock. One goes bad, swap it. The cost of the spares is still less than the premium for some other units.
I can also probably fix units like this since we are an electronics company and have our prototyping and rework tools for circuit boards. We usually work on small stuff, though.
Mike C.