Pseg Solar Buy Back May 2026

: PSEG installs a special meter that tracks both energy "In" (drawn from the grid) and energy "Out" (exported to the grid).

: If you have a remaining credit balance after 12 months, PSEG "buys back" those credits. pseg solar buy back

: This is where the rate changes. Unlike the 1-to-1 monthly credit, the annual payout is usually at the avoided cost (wholesale market rate), which is significantly lower than the retail rate you pay for electricity. : PSEG installs a special meter that tracks

: You can often request a one-time change to your reconciliation date. Setting it for the end of winter (e.g., February) may allow you to use up summer credits during high-heating months before they are converted to the lower wholesale cash value. Key Benefits and Considerations Solar Power and Net Metering - PSE&G Unlike the 1-to-1 monthly credit, the annual payout

When your solar panels produce more electricity than your home consumes—typically during sunny afternoons—the surplus flows back into the grid.

Energy credits don't sit in your bank forever. Once a year, on your "Anniversary True-up" date, PSEG reconciles your account.

: In most cases, you receive a full 1-to-1 credit for every kilowatt-hour (kWh) exported. These credits are "banked" to offset your future usage during cloudy days or at night.