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Some Solar Net Metering SCE Customers should Opt out now from Clean Power Alliance Part 2
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Clean Power Alliance Notice for net metering customers : SCE will cash out / bill you for your credits and you may not like the timing so you may want to opt out ASAP before they true up and convert you. It is likely you need to opt out before they convert your MEM Net Metering Account. We are not sure about the Grandfathering of the Time of Use Rates. So much is uncertain. Better to just opt out and watch what happens to others.
Scope of Video
1. My account is set to auto in Feb 2019
2. I am Mem Net Metering 2.0 Residential
3. Analysis based on winter rates – previous Video
4. Transfer
a. SCE will true up your bill and settle your credit or the amount you owe
i. You may not like this timing if you have a big credit on the books that you were planning on using in the summer. Also you may owe money now and were planning to generate in the summer
b. Your CPA transfer date is your new mem date
c. Manditory true up all customers April 2020
5. Opt out any time?
6. Risks if you don’t opt out
a. Lose sell back rates
b. Not be able to opt out without fees terms
c. Not sure if your Tou will be grandfathered – Could get burned
7. Benefits – Lower Tou rates… I think. Hard to say
Possible new Tou period shift
Scope of Video
1. My account is set to auto in Feb 2019
2. I am Mem Net Metering 2.0 Residential
3. Analysis based on winter rates – previous Video
4. Transfer
a. SCE will true up your bill and settle your credit or the amount you owe
i. You may not like this timing if you have a big credit on the books that you were planning on using in the summer. Also you may owe money now and were planning to generate in the summer
b. Your CPA transfer date is your new mem date
c. Manditory true up all customers April 2020
5. Opt out any time?
6. Risks if you don’t opt out
a. Lose sell back rates
b. Not be able to opt out without fees terms
c. Not sure if your Tou will be grandfathered – Could get burned
7. Benefits – Lower Tou rates… I think. Hard to say
Possible new Tou period shift
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