Since I'm also in the PG&E district, and you have at most an augmenting generation system, you should as a rule be TOU netmetered. Your residential rate should be E7 (not E1) and you should have paid PG&E $277 for the privilege of installing a bidirectional "Time Of Use" meter on your abode. Assuming your house is relatively idle during the day, why all the shoulds ?
1) Between the weekday hours of 12pm-6pm April thru October ,PG&E pays you .29/KWH you send back to the grid. That is known as the on-peak rate.
2) Off-peak rates drop you down to .09/KWH, thereby tripling your effective generation yield when you burn their power off-peak
3) PG&E has a above&below baseline 5-tiered rate system. An augmenting PV system will shave off the most expensive tier rates (usually a bigger concern for commercial solar installations)
4) In the winter months, your rates are .11/.09 , on/off-peak respectively. That means, if you bank enough during the sunny days, and your PV system is currently delivering even only 40% of your annual power needs, you just may break even on a per-annum basis. Not bad for a $277 investment.
For more info on PG&E rates, go to
http://www.pge.com/rates_regulations/ra ... index.html
I'd like to hear if other power companies have such a good deal for owners & operators of residential & commercial PV systems (perhaps we need another forum thread for this one). I believe making this kind of information very public is very important to bringing PV generation into the mainstream, where the bottom line is, well, the bottom line cost, in pure cash flow terms [aka break even], or better yet, return on investment (as in making some money over time [aka showMeTheMoney] ).
--LH