Net Energy Metering (NEM) customers are automatically placed on a 12-month billing cycle. What you will receive:
You will receive your NEM Statement from PG&E every month, reflecting your amount due for the monthly minimum electric charges and a snapshot of your current and year-to-date charges and credits.
After 12 months, you will receive your NEM True-up statement. It provides your net energy charges and credits over the entire year and any final balance due.
The electricity generated by your renewable system serves the immediate energy needs of your home and reduces your monthly electric bill. Any additional power your home requires—day or night—is automatically supplied by PG&E. In the same way, any surplus electricity your renewable system generates, but your home does not use, will be exported back to the electric grid.
California State Assembly Bill 920 authorized payments to be made to NEM customers who generate more electricity than they use over their 12-month billing cycle. The compensation you receive—known as Net Surplus Compensation (NSC)—is based on a 12-month average of the market rate for energy, or roughly $0.03 to $0.04 per kilowatt-hour (kWh). All PG&E customers with NEM billing are automatically enrolled in the program. If you qualify, the Net Surplus Compensation you have earned will appear on your annual NEM True-up statement. Learn more about Net Surplus Compensation.
Note: Virtual Net Energy Metering (VNEM) works differently. Virtual Net Energy Metering is a program for customers in multi-unit housing with a common renewable generating system. Learn more about Virtual Net Energy Metering and how it is billed.
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