Time of Day Metering
PSE&G now allows Time of Day Metering (article on page 2 in this bill insert) for residential customers.
I checked the tariff (RLM rate schedule), and this rate schedule is available for net metering customers (like solar or wind customers).
Basically, if you have PSE&G as your energy supplier, you currently pay (RS schedule) 11.7 cents per kWh for the first 600 kWh, and 13.0 cents per kWh for all usage about 600. With Time of Day Metering, it’s 17.2 cents per kWh during the day, and 7.9 cents per kWh at night in the summer. In the winter, it’s 11.5 cents per kWh day or night for regular service, or 10.7 during the day and 7.8 at night for Time of Day. Day is defined as 7am to 9pm – just like a cellular phone company.
There’s a difference in the monthly charge as well. The regular service charges $2.41 per month. Time of Day Metering charges a whopping $13.85. There’s a catch as well – you have to pay a minimum of $2.95 per peak kW over a 30 minute period during the month against your usage charge – this is probably intended to keep people from using LOTS of power at night.
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This seems on the surface like a good deal for solar power producers. Basically, you sell your power (or buy a little) during the day when your solar production is highest at a higher rate, and buy back at night at a lower rate. A hot, humid, cloudy day will probably hurt if you have your air conditioners on, but if the sun is shining brightly (when you have the highest cooling need), you’re producing the most energy. In the winter, you’re paying LESS than the typical customer so the relatively lower solar production doesn’t really hurt much.
I’m going to wait until we get through this round of approvals before considering this option. I’ll also have to do some measuring and figuring to see whether or not this is tipped in the utility’s favor (I think the higher monthly charge and peak minimum may be) before I’ll consider the option. It is a good idea, though.
STATUS UPDATE: I got an image of my interconnection fee check sent to PSE&G. It has a few numbers written on the front: a 9-digit “N#”, an 8-digit “S#” and a four-digit code that looks like a territory “62SS”. If anybody knows what these are, or how to figure out my status from this info, please let me know.
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