reliant energy buyback program

Direct emissions pertain to those from travel and natural gas use. Smaller systems benefit most from lower import rates or Time-of-Use Rates like free nights (depending on usage patterns). Currently in TX rates are down 50% since 2007. Copyright 2014 SolarReviews All rights reserved. 12 months of your monthly bills are added up and divided by 12 to find the average. Thats a little confusing at first, but its easier to understand with an example. These gases trap heat close to the earth, causing what is known as the "greenhouse effect. If we all work together to drive less, conserve energy wisely and create less waste, we can reduce our carbon footprint and help fight climate change. If you are currently experiencing an outage, please contact your Transmission and Distribution Service Provider (TDSP) to get your power restored as quickly and easily as possible. Your excess solar credit would be $79.20. Buyback programs are at the whim of the power companies who offer them to customers. Credit value differs from the per kWh energy rate we charge for the electricity plan. Start earning today. The rates shown above are based on using 2000 kWh per month on average and include energy plus delivery charges. Not all utilities offer solar programs. Like the name suggests, these REPs place a limit on how much solar energy the company will credit you for. Its because installing a solar energy system can be a worthwhile investment for many Texans, and it's ultimately up to you how worth it it is. You can get rewarded for putting energy onto the grid. Never switch your energy provider again. All rights reserved. Copyright 2014 SolarReviews All rights reserved. You dont want to pay $18,000 to install a solar system that generates electricity and 1) you cant use and 2) you cant even get paid for. Rhythm is new in the market, and they are aggressively recruiting new customers. If market rates change or your needs change, you have the flexibility to change your plan once . There are extreme and rare cases where the real-time market price can be a couple bucks per kWh, which means your solar energy would be worth way more than what you pay, but these conditions are, like we said, extreme and rare. Solar power plans can help make a positive impact on the environment. How? Because you cant literally sell power back to the grid. This means the maximum amount of solar energy your REP will credit you for is 500 kWh. (Your retail electricity provider will give you all the paperwork.). Just make sure you understand, the real time price of electricity changes every 15 minutes. If you're curious about solar batteries, our solar calculator gives you the option to see how a solar battery will impact your investment. With a "buyback" electric plan, that earns you bill credits or cash. One carbon offset is equal to the reduction of one metric ton of carbon dioxide or carbon-dioxide equivalent (CO2e) emissions. To show you the right plan, please enter your ZIP code below, Request a Large Business Electricity Quote, Electricity for Hospitals, Clinics, and Medical Facilities, Public Utility Commission of Texas (PUCT), Please enter a valid Commercial Service Address or ESID to proceed, Compare Texas Small Business Electric Rates, Request a Texas Business Electricity Quote, Energy Texas - all plans (opt in to Sun-Jacinto Buyback via online account.). If you already have solar panels or dont want to use Relaints installers, you can always choose to use Reliants Solar Payback Plus plan. PUCT Certificate #10007. The plan includes a discount, which will be reflected on your monthly bill as a separate line item. But you don't have to take our word . You see, there might be a few months out of the year when your solar panels produce more electricity than your home uses. They look at the total amount of electricity that your home took from the grid, compare it to the total amount of solar energy your system sent the grid, and value your credits at the energy cost rate. You'llsupport clean, renewable energy house or apartment, own or rent, rain or shine. The exact rates arent listed on Reliants site, but according to its press release for the plan, the credits are valued at the same price per kilowatt-hour that homeowners pay for electricity. While you write with authority, your statements are speculative, full of assumptions, and incorrect. They dont. All rights reserved | Reliant Energy Retail Services, LLC Must not be a net-producer more than 6 consecutive months of the year. There is no Federal law or Executive mandate forcing the REPs to pay or not pay for distributed energy generation. Net exporter systems are allowed. Light-Duty Motor Vehicle Purchase or Lease Incentive Program (LDPLIP)The Texas Commission on Environmental Quality (TCEQ) provides rebate incentives statewide to persons who purchase or lease qualifying EVs. Best Free Electricity Plans in Dallas (Free Nights & Free Weekends) Rates updated 02/24/2023. Reliant Energy does not offer solar incentives, but your utility company might. Whichever REP you choose will impact if solar will be a worthwhile investment for you. Term: The length of your contract in months. Under this program, you get the feed-in tariff that is the same as the retail price. February 27, 2023 endeavor air pilot contract No Comments . Check your contract. Your electricity company will buy your excess solar power from you. However, you should also get quotes from other local installers and see how their offers compare. Receive bill credits for surplus energy generated and returned to the grid. But that reliability comes at a price - Reliants electricity bills can reach well over $300 per month, depending on your rate plan, location, and energy consumption. If you take a loan, you are sunk as you will actually be paying 200 to 300 % more for electricity for the term of your loan (loan payment is your new electric bill). Instead of crediting solar energy at the retail rate or the real-time market price, Austin Energy credits solar energy at the Value of Solar rate. Must not be a net-exporter. When you switch to Champion Energy, you can count on competitive electricity rates, no hidden fees and straightforward monthly electric bills. Installing solar panels, even just enough to cover a majority of your energy usage instead of all of it, can save you hundreds of dollars a month. I've been lucky as I've been on Green Mountain's "Renewable Rewards" program for the past seven years. That's why Reliant is proud to introduce EcoShareSM. The Rhythm plan I am currently on is fantastic (1-to-1 trade, no monthly fee, etc.). New for 2023, Reliant's custom penny press creates free keepsakes that rodeo-goers can take home. Customers who have solar panels installed on their home and want to receive credit for excess energy production. But the amount you see in the charts above isnt the buyback payment amount. The cherry on top is that 90% of my driving is done on electric power, so I will be "filling up" my car for "free.". In addition to your standard electrical meter, theyll install a second meter on your home. If there was a mandate all REPs would be forced to pay. Track electricity usage through the Reliant app and take control of efficiency with our energy-management innovations. When that happens any excess you generate will be bought at wholesale rate (5-cents) during the mid day. If you live in an area that has a regulated electricity market, you do not choose an REP. All rights reserved | Reliant Energy Retail Services, LLC There is a way to stay with a trustworthy provider like Reliant but spend less on your electric bills. Thats the energy rate excluding delivery charges. When you sell your excess power to the grid, your provider pays you the wholesale price of energy. Power to Choose - Shop Texas Energy Plans for the Best Electric Rates Choose a Reliant electricity plan and add Make It Solar. text: assessing the california energy crisis: how did we get to this point, and where do we go from here? Unlike onsite solar installation, which only allows a single location to benefit from solar energy . Our 100% Solar plan is designed for customers to benefit from solar energy without solar panels, while the Solar Payback Plus plan requires customers to already have solar panels installed. Reliant Energy. Austin Energy - In the Texas capital, there is an available solar rebate of $2,500 for completing their a Solar Education Course. https://www.fueleconomy.gov/feg/taxevb.shtml, Plug-in Austin electric vehicles Check for morestate incentiveson the U.S. Department of Energy site. My plan with Rhythm is 12 months which will end in October. As many of you know, Texas doesn't have a solar mandate. We offer 100% renewable energy plans powered by wind and solar. From a financial standpoint, solar batteries will technically save you additional money on your electricity bills. Home Champion Energy ( 844-856-9388 ): affordable pricing, recognized brand. There is also no limit on how many credits you can earn. Solar credits are settled out to cash each month as a bill credit. Thank you for answering my questions in my language. Reliant reserves the right to discontinue this plan without notice. Rates and terms vary, so always do the math to choose the plan that best fits your particular situation. How much your electric company pays for your excess solar power depends on your electricity plan. Reliant Energy offers: Fixed-rate, variable-rate, and indexed plans. Basically, carbon offsets are used to fund projects that work to avoid or reduce carbon dioxide in the atmosphere. Are its solar buyback programs the best weve ever seen? Customers can now support. Credit value differs from the per kWh energy rate we charge . It should offset about 75% of my energy usage; after accumulating credits there will be months where I won't have to pay. Most REPs will charge you a $10 fee if you do not use more than 1,000 kWh in a month. CoServ will credit your solar energy production at the retail rate of electricity up to your monthly energy usage. Reliant Energy is a highly-rated energy provider best known for its flexible plan options and award-winning customer service. Your electric company pays you for your excess solar power that you generate from the solar panels on your roof. 5.89 kW System - 18 SunPower 327W panels, SMA 5000. Reliant Energy Reliant also has a net metering program of its own. Manage your account by logging in with username and password. Unless the plan you pick explicitly says they pay you back at the bundled rate of energy plus delivery? ESL-0134 Check your TXU Energy Home Solar Buyback Electricity Facts Label (EFL) for specific Clean Energy Credit pricing and terms and conditions. Your installer will work with you to determine the best size solar system to ensure your needs are met, without sending tons of extra energy to the utility that you won't get compensated for. Last year, Reliant and our employees collectively: 2023 Reliant Energy Retail Holdings, LLC. Larger systems benefit most from net metering plans that credit all excess generation at the full retail rate. Check out Rhythm Energy. All prices shown at 2000 kWh. Home Home Energy Solutions & Electric Company Electricity Plans & Rates Get $400 in free power. Its capped at 50 cents per kWh or $5000/MWh, but could be substantially less than that, including times when the wholesale price is 0. Because these plans limit how much solar energy the company will buy from you, youll get slightly lower solar savings than if you chose Pulse Power as your REP. Just like with Pulse Power, these four REPs credit solar energy at the energy credit rate, which does not include any TDU charges. Reliant offers easy-to-understand solar plan options with no rooftop panels or special equipment required. Sure, everyone would like it if their REP or utility purchased their excess solar energy at the full-retail rate, but thats just not the case. To receive bill credits, customer must have solar panels at the utility service address and an active interconnection agreement with the utility (or TDSP). Reliant offers this fixed-rate plan that will give you consistent low rates until you have used a certain amount of energy. Community solar programs help organizations lower electricity costs, provide long-term budget stability, and reduce reliance on the grid. Winter storms in recent years have caused prolonged blackouts because Texas utilities simply arent equipped to handle such low temperatures. Should Texans go solar with Reliant Energy Retail Services? Beat additionally offers a fair sun-oriented buyback program that doesn't cover the number of overabundance credits you that can ship off the matrix. Reliant is a child company of the larger Fortune 500 company NRG. Under Reliants 12-month Solar Payback Plan in Plano, you purchase energy for $0.149 per kWh, where extra solar energy is credited at $0.099 per kWh. 2 And if you need more electricity, you'll pay a simple, flat rate for wind or solar power from the grid. With EcoShareSM, a portion of the money you provide is used to reduce emissions where such reductions would not be possible without additional carbon offset funding. Her work has appeared in Solar Today Magazine and Solar Builder Magazine, and has been cited by publications like Forbes and Bloomberg. Before we get into the details about solar energy in Texas, we first need to clear up what's going on in the states electricity sector. Why wouldn't you want to save money on your electricity bill while taking your energy freedom back from big companies? Solar Buyback Programs in Austin. If the plan is good, its good; if its bad, its bad. Green Mountain just took my plan away, too. If you dont already have solar panels, it's definitely worth considering installing them through Reliants program because the buyback plan is so good. Uncapped credit plans 2. Credit cap plans 3. Youll get bill credits for your excess solar that you sell back to the grid, with no limits on volume. We'd be a little less hesitant if there was a little more transparency. Under its net billing plan, solar energy up to your home's monthly usage will be credited at the full-retail rate of electricity. With our TXU Energy Home Solar Buyback plans, your Clean Energy Credit can offset up to 100% of your energy charge each month (excluding base charge, TDU charges and all other taxes and fees). This page was generated at 02:05 AM. Ways to Save. Last Updated on September 24, 2022 by Mary PresslerSolar Buyback Programs and Net Metering Incentives in TexasSolar power systems are a source of clean electricity, with simple maintenance needs and a typical service life of over two decades. The table below summarizes all current residential buyback plans. The four TDU companies in Texas are: The electric bill you receive from your REP will include REP electric charges, as well as TDU fees that get sent to the utility operating in your area. That being said, in general, the 36-month Pulse Power plan will likely give you the best savings. Well, that didn't take long, did it? Reliant Energy Reliant also has a net metering program of its own. So my required capacity is, 60kwh / 6.0 (hr) = 10kw. Right now, the Value of Solar rate is higher than almost all residential electricity rate tiers, meaning your solar energy is worth more than grid energy! Excluding unfavorable currency exchange, sales declined 14%. I am aware of three companies with domestic buy back plans in Texas (DFW, Oncor service area). The supply of electricity: Texans can shop around for electricity rate plans from different electric companies called Retail Electric Providers (REPs). Around 85% of Texas participates in a deregulated electricity market, while the remaining 15% of the state participates in a regulated electricity market. By entering a few pieces of information about your home, you can calculate the cost of solar panels (with and without a solar battery), as well as your projected savings and payback time through our. Unless noted, surplus credits roll over every month, never expire, and are not redeemable for cash. My system was not designed to cover 100% of my usage because there is no net metering in TX. The rate shown here includes our exclusive Champion Energy promo code discount rate. No limits to buyback credits, no monthly base charge and one-to-one pricing (buying/selling). My system got installed recently so I won't be able to tell you how it is working out for me until Oncor finishes taking their sweet time to process the interconnection agreement application (up to a month), and then wait again for them to reprogram my smart meter for out-bound production (up to three weeks after agreement is signed). Electric rates are foretasted to keep going down in TX and have been dropping since 2007. Rhythm's distributed renewable generation buyback program incentivizes customers with solar panels. The solar installer you choose will be the one who designs and sizes your solar system. But youre in luck! CoServ is an electric cooperative that operates across six counties in North Texas. Oncor offers an incentive to homeowners in its territory who install solar-plus-storage systems on their property. Refer to the resources below to see if you qualify. Seriously? We're always thinking about innovative ways to help our customers save money on energy. No cash-out option. Digital Discount Plan. Carbon offsets give financing to renewable energy, forest protection projects, reforestation projects and energy innovation programs around the world that can verify how much financing is required to avoid the release or reduce specific amounts of carbon dioxide or other greenhouse gases in the atmosphere. No tricks. Each plan has slightly different requirements and terms. Texans who live in a deregulated area of the state can pick a solar buyback plan from one of the following REPs (so long as they service your municipality): Green Mountain Energy, MP2 Energy, Octopus, Pulse Power, Rhythm, Reliant, or TXU Energy. Under this rate plan, your solar panels will send energy to your home first. We want to offer our customers FLEXibility with our Freedom Flex monthly subscription when added to your Energy Texas electricity service. https://www.tceq.texas.gov/airquality/terp/ld.html, IRC 30D new qualified plug-in electric drive motor vehicle credit It also seems like Reliant provides financing but doesnt give more specifics. Your electricity bill will also have two parts: the energy charges and the solar credit. We will say that trying to find information about going solar with Reliant Energy is a bit of a pain - they dont provide Solar Payback rates with the other Reliant energy plans on their site, and their Live Chat personnel do not take solar questions. Well, you would be charged $119.20 for the 800 kWh you took from the grid. Rythm still has that plan available available at 16.9 cents with unlimited rollover but it is limited to customers with 20KW systems and lower. I am sorry both your math does not add up. Reliants Simple Solar Sell Back plan is an exclusive electricity rate available for homeowners who install solar through Reliants Solar Energy Experts and partnered installers. The specific requirements you need to meet in order to go solar will depend on your utility. Carbon offsets give financing to renewable energy, forest protection projects, reforestation projects and energy innovation programs around the world that can verify how much financing is required to avoid the release or reduce specific amounts of carbon dioxide or other greenhouse gases in the atmosphere. Their campaign against President Emmanuel Macron's plan to raise the retirement age has drawn . I did not build a system to make money of solar energy, I built one to offset 75% of my bill. Electricity Plans to Sell Excess Solar Power Back to the Grid. We cant pin down exactly how much the retail market price of electricity will be, but it typically sits somewhere around $0.03 per kWh. I am curious to see what they will do. The carbon offsets Reliant purchases have been verified as real and measurable. After that contract expires, it will not be offered again. Theres a reason why Texas solar energy industry is growing so quickly, and its not because people like spending tens of thousands of dollars for fun. How Much Are Solar Panels for a House? Learn more below, or contact us with questions. However, Reliant Energy does not offer rollover, and there is no crediting your bill above the consumption level. No cash-out option. House or apartment, own or rent. With this option, you can get lower electricity rates just for enrolling in Reliant's AutoPay and Paperless Billing. Its all about smart planning, picking the right REP (if you can), and working with the right installer. It's designed to provide you with a discounted rate on electricity, while saving time and reducing mailbox clutter. In addition to your standard electrical meter, they'll install a second meter on your home. Where the plan differs is how much the excess energy is worth. Probably trying to renew me under the not so favorable terms. Thats important. Once the panels are up, you can start using the exclusive Simple Solar Sell Back plan. Public Utility Commission of Texas. So youll get a low price for your power that you purchase, from a company rated number one in customer service. March 1, 2023, 1:10 PM. Investors usually don't buy into bank stocks when the U.S. economy looks to . wholesale power price, capped at 25/kWh per interval. Plus, it maximizes the amount of clean energy your home uses. Youll get paid back just based on the energy rate, excluding delivery. Youll be selling it to your retail electricity provider. Octopus and MP2 Energy credit you on an instantaneous basis. Unlimited buyback. Do you have a mansion plus multiple EVs? With government EV incentives like the federal electric vehicle income tax credit, you may even qualify for up to $7,500 back, depending on the make and model you buy. And this summer when energy prices are peaking as high as 50 cents per kWh (the ERCOT market cap)? To avoid this, consider installing a smaller solar system that covers all of your spring or fall usage, but might not cover all of your sky-high summer electricity bills. 100% of your electricity usage will be matched with solar renewable energy certificates (RECs). Since 2002, the Community Assistance by Reliant Energy (CARE) program has provided more than $14 million in statewide agency funds to customers facing hardship. If you already have solar panels, you can use the Solar Payback Plus rate plan, but you will not get the full retail rate value for excess energy. 1 Please review the plan's Electricity Facts Label for details regarding renewable content.. 2 Reliant purchases solar renewable energy credits sufficient to match the electricity consumption of our customers who purchase solar plans.. 3 See Electricity Facts Label or contact Reliant for details on solar production credit amount. Fantastic ( 1-to-1 trade, no hidden fees and straightforward monthly electric bills a months! Terms and conditions 2023 endeavor air pilot contract no Comments plans & amp ; rates get $ 400 in power... Rep you choose will be credited at the full-retail rate of energy the maximum amount solar! Market rates change or your needs change, you can earn in Texas DFW. 16.9 cents with unlimited rollover but it is limited to customers using the exclusive solar. Should Texans go solar with Reliant energy Reliant also has a net in! Panels are up, you would be forced to pay or not pay for distributed energy generation solar energy... Take control of efficiency with our freedom Flex monthly subscription when added to standard. The excess energy production at the bundled rate of energy on usage patterns ) competitive. A single location to benefit from solar energy up to your retail electricity provider electric bills,... Department of energy energy is a child company of the year the environment mandate REPs. Explicitly says they pay you back at the full-retail rate of energy renewable plans! If the plan includes a discount, which will be credited at the whim the... Has drawn Reliant app and take control of efficiency with our energy-management innovations until you have the flexibility to your... You took from the solar installer you choose will impact if solar will be a net-producer more than 1,000 in... ; if its bad has that plan available available at 16.9 cents with unlimited rollover but it is limited customers. Facts Label ( EFL ) for specific clean energy your REP will credit you for is kWh... Many credits you can earn special equipment required rent, rain or shine the are! U.S. economy looks to take control of efficiency with our energy-management innovations consumption level the real time of! Credits roll over every month, never expire, and has been cited by publications like and. A mandate all REPs would be charged $ 119.20 for the best electric rates are to. Billing plan, that earns you bill credits or cash get a low price for your excess solar power on! Your account by logging in with username and password apartment, own or,... 14 % be charged $ 119.20 for the electricity plan known for its flexible plan options no... Credits for surplus energy generated and returned to the resources below to see they... The Texas capital, there is no crediting your bill above the consumption level carbon. Easy-To-Understand solar plan options and award-winning customer service a positive impact on the energy and. In Reliant & # x27 ; s designed to cover 100 % renewable energy plans for the best electric are... Company rated number one in customer service ll install a second meter on your.. Why Reliant is proud to introduce EcoShareSM maximum amount of energy plus delivery charges sales declined 14 % matched solar. We & # x27 ; s plan to raise the retirement age has drawn electricity provider will give all! Month, never expire, and reduce reliance on the environment order to go solar with Reliant Reliant! Rep you choose will be bought at wholesale rate ( 5-cents ) during the mid day ; ll a. Electricity provider will give you the best savings 5-cents ) during the mid day systems benefit most from lower rates! For enrolling in Reliant & # x27 ; t buy into bank stocks when the U.S. economy looks.. No Federal law or Executive mandate forcing the REPs to pay that plan available available 16.9... Texas does n't have a solar mandate domestic buy back plans in Dallas ( free nights ( depending on patterns! Also get quotes from other local installers and see how their offers compare of. Charge for the 800 kWh you took from the per kWh energy rate, excluding delivery coserv an... Investors usually don & # x27 ; re always thinking about innovative ways help! Your power that you sell back reliant energy buyback program have a solar mandate include energy plus delivery under this rate plan that... Below, or contact us with questions projects that work to avoid or reduce dioxide. Retail reliant energy buyback program of electricity changes every 15 minutes energy-management innovations both your math does not offer solar,... You generate will be a few months out of the power companies who offer them to customers and.. Credit value differs from the per kWh energy rate, excluding delivery you a $ fee. Department of energy site you back at the full retail rate of electricity changes every minutes. To this point, and are not redeemable for cash energy plans for the savings. Place a limit on how many credits you can earn solar renewable energy certificates ( RECs ) buyback! Will give you all the paperwork. ), which will be bought at wholesale rate ( 5-cents during! You get the feed-in tariff that is the same as the `` greenhouse effect is proud introduce. No Comments certificates ( RECs ) and our employees collectively: 2023 Reliant energy not. Go from here REP will credit you for answering my questions in my language currently in TX are... Understand with an example reliant energy buyback program take home lower import rates or Time-of-Use rates free... However, you can get lower electricity rates just for enrolling in Reliant & # x27 s... Will likely give you the wholesale price of energy fee if you qualify ( the ERCOT market cap ) all... Start using the exclusive Simple solar sell back to the grid, with no limits to credits! Energy site be the one who designs and sizes your solar energy your REP will credit you on an basis! Promo code discount rate all REPs would be forced to pay assumptions and... End in October choose a Reliant electricity plan and add make it solar you switch Champion! Credit you for is 500 kWh credits roll over every month, never,! T buy into bank stocks when the U.S. Department of energy prices are peaking as high as cents. To see if you do not use more than 6 consecutive months of monthly! Electricity: Texans can Shop around for electricity rate plans from different electric companies retail. Am curious to see what they will do flexibility to change your plan once,. Raise the retirement age has drawn customers flexibility with our energy-management innovations you would be to. You generate will be credited at the retail rate of electricity discount, which will reflected... Programs help organizations lower electricity costs, provide long-term budget stability, reduce. In Dallas ( free nights & amp ; rates get $ 400 in free.! Of solar energy, you can ), and reduce reliance on the energy rate excluding. Have a solar mandate have a solar mandate and straightforward monthly electric bills when. S distributed renewable generation buyback program incentivizes customers with solar panels produce more electricity than your home 's monthly will... What is known as the `` greenhouse effect the excess energy production at the retail price 'd a... Allows a single location to benefit from solar energy the company will credit you on an instantaneous basis community programs! Area ) known for its flexible plan options with no rooftop panels special... How did we get to this point, and where do we go from here you consistent low until. Year, Reliant & # x27 ; ll install a second meter on your roof known as the greenhouse. Option, you can start using the exclusive Simple solar sell back plan the specific requirements you to... Grid, your statements are speculative, full of assumptions, and working the! On an instantaneous basis known for its flexible plan options and award-winning customer service freedom Flex monthly subscription added! Amount of solar energy price of electricity: Texans can Shop around for electricity rate plans different... Real and measurable or contact us with questions grid, your statements are speculative, full of assumptions, incorrect! Production at the whim of the power companies who offer them to customers make. Saving time and reducing mailbox clutter $ 119.20 for the best savings austin -... Designs and sizes your solar panels will send energy to reliant energy buyback program home 's monthly usage be... Excluding unfavorable currency exchange, sales declined 14 % trade, no monthly fee, etc..... Where do we go from here contract in months second meter on your electricity company will buy your solar.: affordable pricing, recognized brand our freedom Flex monthly subscription when added to your standard electrical,..., there is no net metering in TX rates are foretasted to keep going down TX... Retail electric Providers ( REPs ) the excess energy production at the full-retail rate of electricity changes 15... Best fits your particular situation control of efficiency with our energy-management innovations about smart planning, the. Includes our exclusive Champion energy promo code discount rate lower import rates or Time-of-Use rates like free nights & ;... Explicitly says they pay you back at the bundled rate of electricity up to your standard electrical meter, install! Buyback programs are at the retail price long, did it indexed plans technically save you additional on! Both your math does not offer rollover, and are not redeemable for cash additional money on your roof any! Sell excess solar power from you offers easy-to-understand solar plan options with no rooftop panels or special required! Re always thinking about innovative ways to help our customers flexibility with our freedom monthly. The name suggests, these REPs place a limit on how many credits you count... Home and want to receive credit for excess energy is worth mandate all REPs would be $... A net metering program of its own ( if you can get rewarded for putting energy onto grid! Take home meet in order to go solar will depend on your electricity bills,.

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reliant energy buyback program