Our community solar credits are priced as the sum cost of a kWh. That’s a little different than how your utility presents their Standard Offer Service. The Standard Offer Service is only the cost of electricity, not including the extra charges for delivery and taxes that end up on your bill. Here’s a breakdown of how to compare rates and why Neighborhood Sun might appear higher than your utility (spoiler: our rate is 5% below your utility’s full price of a kWh.)
It may look like your utility only charges you $0.07 or $0.08 per kWh, but that price does not include distribution or taxes.
Our rate is inclusive of all the charges on your bill except for your Customer Service Charge. Use our calculator below to find out what you currently pay your utility for a full kWh.
See for yourself; in the example bill below, the customer uses 529 kWh. The total charge is $67.04
As you can see, your 529 kWh are multiplied by a number of charges to calculate the delivery cost of $25.11.
That $25.11 delivery charge is then added to the cost of electric supply (where your utility quotes a Standard Offer Service of $0.079/kWh.) The cost of electric supply comes to $41.93. That brings your total electric charge to $67.04.
Take your total electric charge and subtract your Customer Service Charge (that’s the only charge not included in our pricing.) Our rate includes distribution and taxes.
$67.04 – $7.60 = $59.44
Divide by the number of kWh used to calculate the sum price per kWh. That will give you the rate to compare to ours.
$59.44 / 529 kwh = $0.1124/kWh
Questions? Feel free to reach out to [email protected] to help calculate your rate.