OT: Electricity generation: "Net Billing" arrangements
Iain McFadyen
mcfadyenusa at yahoo.com
Mon Mar 21 21:17:02 CDT 2011
May I impose on the Tacos list for a moment? Off Topic question:
Is anyone familiar with the arrangements by which an electricity utility will
buy electricity from an independent source, using a "Net Billing" arrangement?
Net Billing is where the user has to purchase electricity (if necessary) at the
supplier's RETAIL rate, but the supplier buys electricity from the independent
source at the WHOLESALE rate.
{This differs from a "NET METERING" arrangement, where the net amount of
electricity supplied is billed at the wholesale or retail rates.}
In Jamaica, we pay J$24, (around 27 US cents) per kWh. How much are the utility
likely to pay me if I generate and deliver one kWh to them? Is the rate a
sizeable proportion of the J$24, or a tiny fraction?
Thanks for any feedback. I'll gladly take further discussion off-list.
Iain KI4HLV/6Y5
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