The Nights and Weekends rate offers an opportunity to save money if you use solar to avoid reduce your grid electricity consumption during peak periods (when electricity is particularly costly to produce). The Standard Service rate is good for customers who are comfortable with fluctuations in their bill and are not likely to shift or monitor their electricity usage. You can use these credits on your bill or sell them back to Georgia Power at the rate equal to Georgia Power’s “avoided-energy” cost (the cost the utility would have spent to supply the power itself).Ī list of Georgia Power’s residential rate plans can be found here – two of the more common plans are the Standard Service and Nights and Weekends plans. All unused energy produced by your solar panels results in bill credits that carry over into the next month. The rate increase would start after Unit 3 at Plant Vogtle begins generating electricity. Georgia Power and Microsoft today announced more than a 200,000 investment in support of Clark Atlanta University's (CAU) Makerspace and Advanced Manufacturing Lab. The company says the proposal would raise bills for a typical residential customer by about 3, or 3.78 a month on a bill of 122.73. The Solar Buy Back program offers the same credits regardless of the residential rate plan that you are enrolled with. customers are likely to pay another 224 million a year for the first of two nuclear reactors near Augusta. With Georgia Power’s program, the best way to maximize your solar savings is to ensure that you use as much of your solar electricity at home when it’s produced so that you send as little back to the grid as possible. However, this only accounts for the electricity that you send back to the grid. Instead, the utility compensates customers at the “avoided energy” rate, which is equivalent to the amount that the utility would otherwise pay to buy the power on the open market.
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Unlike many utilities, Georgia Power does not offer credits worth the full retail rate of electricity for excess solar power sent back to the grid. You may submit your payment directly to Georgia Power Company by phone 24 hours a day seven days a week by calling 18886605890.
What are Georgia Power’s rates and prices for solar compensation? Contacting Georgia Power - by phone or otherwise While 88 is Georgia Powers best toll-free number there are 2 total ways to get in touch with them.
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