Net Energy Metering True-up Bill
At the end of your billing cycle, on the 12th month, you'll "true-up" and receive two slightly different bills:
- Your true-up NEM statement is a reconciliation of all electric usage charges and credits for the previous 12 month billing cycle. If you have any remaining credits, that amount will be reset to zero. If you have any remaining charges, that amount will becomes payable. Lastly, it will also indicate if you were eligible to receive payment called Net Surplus Compensation for any excess electricity generated (see previous page).
- Your regular monthly PG&E bill will show the final amount you owe or any credit remaining from Net Surplus Compensation (see below).
11. Electric Charges on PG&E Bill
The electric charges reflected on your regular PG&E bill on your True-up month represents the total True-up Billed Amount including any applicable taxes and surcharges.