8 things about solar final
DESCRIPTION
Eight things to know if you're considering installing solar generation.TRANSCRIPT
See if you can use less
energyBefore investing in solar,
call TID to schedule an energy audit to determine if there are ways to reduce your energy use. The more energy efficient your home
is the less solar you will need.
Check Out Incentives
See what tax credits and rebates may be available.
Shop Around
Get at least 3 estimates from reputable solar contractors, check their license and call
references.
Consider carefully your financing options. You
can pay cash, take out a loan, lease or enter into a
power purchase agreement with a solar company. It
is very important that you understand ALL of
the details and options, including fees, escalators,
loan terms etc.
Buy or Lease? Talk to TID
For additional information, please contact TID
Consumer Programs by calling 209.883.8254 or send an email to solar@
tid.org.
Changes
If you choose to install solar, your TID rate schedule will
change to a self-generation rate. Self-generation
rate schedules each have Customer, Demand and Time-
of-Use Energy charges.
Charges and Billing
If you choose to install solar, you will be required to pay a
one-time $600 meter charge. You will also continue to
receive a bill from TID on a monthly basis. Be cautious of a solar vendor claiming to be
able to eliminate your bill.
Understand the Numbers
Not all customers save money by installing solar. Each
customer is unique in how they use energy and contract
terms for solar vary.
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Things to Consider Before You Go Solar
For more information visit us on the web atTID.org/solar
333 E. Canal DriveTurlock, CA 95381
209-883-8222
Are You Considering Solar?
Explanation of components contained in the Self-Generation Rates
• Customer Charge- This is a fixed charge based on the costs for metering, billing, collection and related costs.
• Demand Charge- A Demand Charge is a charge for the maximum amount of energy used in any fifteen minute interval within the billing period. TID stands ready to supply as much energy as our customers demand at any given moment. This charge is for TID’s costs associated with the infrastructure necessary to provide reliable demand service to our customers.
• Time-of-Use Energy Charge- “Time-of-Use” or “TOU” simply means that instead of a single rate for energy all day and night, there will be a different rate during two different time blocks each day. The cost and value of power is different in the on-peak block than in the off-peak block each weekday, and customers can choose to use energy in the off-peak block at a substantially lower rate. This could also affect the credit or compensation of customers who generate more electricity than needed depending on which Time-of-Use block the generation occurs within.
Compensation for Excess Energy
Customers net their generation with their use each month for the on-peak and off peak periods. If at the end of the billing period the customer has generated more than they used, the customer will be credited TID’s Short Run Marginal Cost for the excess generation. The Short Run Marginal Cost is published at www.tid.org.
Please see the rate schedules at www.tid.org for a complete list of all applicable charges and fees. TID rate schedules are subject to change.