MAX OFFSET

100%

SYSTEM SIZE JUSTIFICATION

Based on NJ State law, NJAC 14:8-4.3 Class 1 facilities intending to participate in net metering can not exceed 100% offset. Therefore, Max system size is set at an expected output of 100% of the homeowners 12 month historic electric usage. Jersey Central does not set a specific max kW system size.

MONTHLY NET METERING CREDIT

Excess NEM credits can be carried over from month to month on a per kWh basis

ANNUAL CREDIT TRUE-UP

Excess NEM credits trued-up at the wholesale rate during their anniversary month; account is then set back to zero.