Solar Billing Plan FAQ
Looking for more specifics? Find answers to some common questions about the Solar Billing Plan below:
The Solar Billing Plan is a new program for customers who install an eligible renewable generating system, such as solar or wind, after April 14, 2023. The Solar Billing Plan succeeds the Net Energy Metering (NEM 2.0) program.
The Solar Billing Plan (SBP) works by billing customers not just based on the energy you consume, but also the credits you earn for surplus solar energy you produce.
The price of electricity you consume varies, depending on your rate plan. The value of the Energy Export Credits (EECs) you earn varies hourly. When your monthly bill arrives, your total will be your energy charges after your available EECs have been applied. SBP doesn’t track your total solar production – only the surplus solar you’ve exported back to SCE.
SBP works on an annual cycle, called your “Relevant Period.” During each Relevant Period, any EECs left over after your monthly bill is totaled will automatically rollover into the next month.
As the end of your Relevant Period, you receive a settlement statement (more on this below) to “settle” your final balance for the next Relevant Period.
Energy Export Credits (EEC) are credits you receive for any surplus energy your system generates and exports to SCE. These credits are applied to your monthly bill (not including certain set fees) to reduce your bill total. The value of these credits varies hourly. Any unused credits accrue and roll over from month to month for the duration of your Relevant Period.