“Net Meter Credits Applied” is the total value of your solar generation in this billing cycle, which is comprised of VEC’s residential electric rate and the solar adder, totaling $0.19/kWh.

Customer Charge ​- VEC charges monthly fees to all electric customers whether or not they are CSA members including the Customer Charge and Energy Efficiency Charge. These can be offset with solar credit.

Energy Charge​ – Electricity consumed and resulting charges each month appear here. The first 100 kWh of usage are billed at a lower rate and the remaining kWh are billed at VEC’s residential electric rate. This charge can be offset with solar credit. You will be billed for net consumption if it is higher than solar generation.

Banked Solar Credit

In months when the value of your solar credit exceeds the sum of your charges from VEC (Energy Charge, Customer Charge, and Energy Efficiency Charge), VEC keeps track of any solar credit that is banked on your account. You can see the total amount of credit banked (if any) on the first page of your bill in two places: