How are microFIT payments calculated?
Generators will be paid for all of the electricity produced by their project, whether it is connected directly to the distribution system or load embedded. The load customer (i.e., the consumer of electricity such as a home) will be billed separately for all of the power consumed. Therefore, payment equals electricity production (kWh) multiplied by the microFIT contract price. Note that you will be responsible for paying for all ongoing account fees that are associated with your local distribution company and your generator account.
