How to Sell Your Excess Renewable Power Back to the Power Company
Thanks to developments in the energy industry, it has become possible for households to generate their own energy from renewable sources. Such methods most commonly include using solar powered panels, but can also include the use of a wind turbine in exceptional cases. If your household does not use all of the energy you produce from your renewable source, you can sell the excess back to the energy company that supplies you. In order to do this, you must have certain terms in place with them. These terms will vary according to the company you have a retail energy agreement with, as well as the area of Texas you live in.
Selling Distributed Renewable Generation (DRG) Energy
DRG has risen in popularity across Texas in recent years. DRG is natural resource reliant energy; this means it appeals to those who love to be sustainable, as well as those attracted by saving money in the long-term. The amount of energy you will use will depend on your household activities, and you may find that there are some months when you produce more than you use.
If you produce more DRG than you are able to use, you can legally sell it back to a retail energy provider. However, you must have an interconnection agreement with the utilities provider you want to sell back to. This means anybody who takes on DRG should consider signing an interconnection agreement with their provider, just in case they do find themselves producing excess energy. In addition to this, you can only sell back to the company that supplies your energy. When it comes to selling your DRG back to a retail energy provider, each one may have different terms that you must fulfill. While some may only require you to have a contract with them, others may need you to be signed up to certain energy plans before they will purchase your excess. If you are in an area of Texas that does not have retail electric competition, you will need to contact your provider to see if they provide interconnection agreements. If you are installing DRG with the aim of reselling, you should check with your electric cooperative or municipal utilities provider prior to beginning the installation process.
Other Benefits Associated With DRG
In addition to DRG being a utility you can sell, it is also a cheaper electricity option for those who do use more than they produce. As DRG relies on natural resources for energy production, it will significantly reduce your outgoings as far as utilities are concerned. This is particularly beneficial for households that use a lot of energy. While the initial installation costs may appear to be high, you will save money on your energy bills in the long-term, and will have the chance to resell if you sign an interconnection agreement. Currently, this is the greenest way you can supply your home with electricity. This means you can run a sustainable household in the long-term, without continuous or excessive effort.
Natasha Risinger has worked in the power industry for more than 10 years. She shares her knowledge by blogging for green/eco-related websites.