NRG Energy’s distributed renewable generation buyback program incentivizes customers with solar panels.
Solar panels provide a way for customers to produce their own energy and sell their excess electricity back to the grid through net metering. This is commonly referred to as a solar buyback.
For NRG Energy's Solar Buyback Plans, NRG Energy will look at how much electricity the customer used (electricity for which the customer pays NRG Energy), and then deduct the credit for surplus generation (electricity for which NRG Energy credits the customer). Our solar buyback plan credits have no cash value and can only be redeemed for NRG Energy bill credits, but can be rolled over each month.
The export rate for the solar buyback credits will be different than your energy rate, but these credits can be used toward electric bills, the base charge, TDSP charges, and taxes. They can’t be used toward non-commodity charges.
Solar Buyback Credits can only be used for Energy Charges for the meter that they were received on.
Already have solar? Give us a call at 1-888-987-0432 to get started.
How to Qualify?
- Customer must have solar panels installed on your home.
- Customer must be a resident in a deregulated part of Texas.
- Customer must have an Interconnection Agreement in place with their utility and have Permission to Operate.
- Customer must contact NRG Energy Customer Care to be enrolled in NRG Energy's distributed renewable generation buy-back program.
Excess electricity/surplus generation is defined as any amount of energy produced that your home does not use, is pushed back to the electric grid, and read by the transmission and distribution provider.
Enrollment in NRG Energy's distributed renewable generation buyback program is on a go-forward basis.
Want to sign up for NRG Energy’s Texas Solar Buyback plan or have questions? Give us a call at 1-888-987-0432.
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