How are the new utility bills calculated?

There are a lot of factors that come into play when it comes to the New Utility Bill. This number is calculated using the homeowner's current consumption, the utility rates, the estimated yearly production, etc. It is important to keep in mind that this number is an average, meaning the customer may have 100% offset, but there may be months where they are offsetting that month's usage, and some where they are not.

Also part of the New Utility Bill, nearly every single utility company will have a Fixed charge, and it is becoming more and more rare for there to be $0 in the Energy portion. 

The Utility Research team adds new electric utilities to Solo every day.  Utilities already listed in Solo are reviewed regularly with our most popular utilities being updated semiannually or even quarterly in some cases. Utility pricing updates are gathered from the specific utility company’s website and/or by phone, talking with solar representatives from the Utility. If you believe the rates are not current, please contact utility research via utilityresearch@gosolo.io to request verification of rates, NEM, etc.