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To qualify, you must:
- Have a home solar panel system with a rated capacity of less than 50 kW.
- Have an Interconnection Agreement in place with your utility.
- Have a meter installed by your utility that separately measures the inflow and outflow of electricity.
DISCOUNT POWER WISE BUY SOLAR CREDIT PLAN
GET REWARDED FOR YOUR EXCESS SOLAR ENERGY.
Installing solar panels on your home was a wise move. With the Wise Buy Solar Credit plan, you can take advantage of the excess energy your system produces.
You’ll receive credit for 100% of the excess energy your system delivers to the grid — without any caps or limitations. You’ll also enjoy a fixed-price plan from Discount Power and a monthly solar grid credit to help you make the most of your solar investment.
Call us at 1-855-226-9051 between the hours of 7 a.m. to 10 p.m. CST to see if the Wise Buy Solar Credit plan is available in your area.
This plan is only available to customers who already have solar panels installed on their homes.
HERE’S HOW IT WORKS:
1
CHECK YOUR METER
Talk to your utility company to ensure your meter is properly set up to measure both the inflow and outflow of electricity.
2
ENROLL IN THE PLAN
Sign up for the Wise Buy Solar Credit plan from Discount Power.
3
GENERATE SOLAR POWER
Any excess energy your solar panels produce is sent back to the grid.
4
EARN CREDITS
You’ll receive credit for 100% of the excess energy without any caps or limits.*
WITH THE WISE BUY SOLAR CREDIT PLAN, YOU’LL ENJOY:
FREQUENTLY ASKED QUESTIONS
Show all answers
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No, there are no caps on the amount of excess energy you can sell back. You receive monthly credit for all the excess energy your system delivers to the grid.
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When your solar panels produce more energy than you use, the excess energy is delivered to the grid, and you receive a credit for it on your bill.
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The buyback rate is lower than the energy charge for usage from the grid, as specified in your Electricity Facts Label (EFL).
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The credits do not include the monthly base charge, delivery charges from the utility, applicable taxes, fees, or other charges. These are billed separately on your invoice.
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Credits for excess energy may take up to 3 billing cycles to appear on your bill.
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If your credits exceed your charges on your monthly invoice, the remaining credits will carry forward to the next month. If you leave the company while having a credit balance, we will send you a refund check for the outstanding credit amount.
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Yes, you can track your excess energy production and credits on your monthly bill, which shows the excess energy delivered to the grid and your credit amount.
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Your credit amount is calculated using the formula:
Credit amount = (Buyback rate in $/kWh) x (Excess energy delivered to the grid in kWh). The buyback rate is detailed in your Electricity Facts Label (EFL).
READY TO START EARNING CREDITS?
Call us at 1-877-455-4674 between the hours of 7 a.m. to 10 p.m. CT to see if the Wise Buy Solar Credit plan is available in your area.
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*Excess energy credits will be exclusive of TDU Delivery Charges, any monthly base charge, applicable taxes and fees, or other charges (such as late fees, special meter reading fees, and fees related to disconnection or connection of service).
Excess energy credits are non-transferrable.
If the customer’s account is active, they are not eligible to receive a credit balance refund. If a customer closes their account, any buyback credits will first be applied to any outstanding amounts owed to Discount Power and any remaining credit amount will be refunded.