THIS is why with I went with a PPA instead of leasing the system or buying it.
With a PPA I paid nothing for the system. I am obligated to pay for all the power the system generates whether I use it or not, at rates specified in my agreement, all below the utilities rates. Surplus is sold to my utility, for less than I paid for it, but it still adds up.
Bottom line, I figure I save $25 to $30 a month on average. My December utility bill was $195 and my Solar generation bill was $35. My neighbor with the same floor plan and all electric paid $275 last month, and my neighbor with a slightly smaller house (about 200 square feet) but with natural gas heating paid $400 for electricity and natural gas combined last month. We have a lot of electric only subdivisions here because our electric rates are so much better than natural gas.
I'm guessing you are under SMUD vs PG&E?
who said 'oh, we did'nt catch that').