Solar buyback is a program where your utility provider or retail electricity provider purchases the excess electricity your solar panels generate that you don't use in your home. This excess electricity flows back into the grid, and you receive credits on your bill based on the buyback rate.

Ambit VIP Energy Service offers a true 1:1 buyback ratio, meaning we pay you the same rate for your excess energy as we charge for the energy you consume. Most competitors only offer a fraction of the retail rate, typically between 30-70%. Our program maximizes your solar investment by giving you the full value of every kilowatt-hour your system produces.

No, you don't need to change any equipment. If you already have solar panels and a bi-directional meter installed, you're all set. Our program works with your existing setup. We simply become your retail electricity provider and ensure you receive the maximum credit for your excess generation.

You'll start seeing savings on your very first bill after enrollment. The enrollment process typically takes 1-3 business days, and the switch to Ambit VIP Energy Service can be completed within 7-10 days. Once your service begins, your buyback credits will be applied to every bill automatically.

There is no limit to the amount of excess energy you can sell back to the grid with our program. However, credits can only offset energy charges on your bill and cannot exceed your total bill amount. Any additional credits will roll over to future bills, ensuring you get the full benefit of your solar production year-round.

Your electricity bill contains important information that helps us provide you with an accurate savings estimate. It shows your current rate, usage patterns, and solar production details. With this information, we can calculate exactly how much you could save by switching to our Total Solar Buyback program. Your bill information is kept secure and only used for creating your personalized savings estimate.

With Ambit's Total Solar Buyback program, your excess solar generation is tracked as credits at the full retail rate. These credits automatically roll over month-to-month if unused. For example, if your solar panels generate 1,200 kWh in a month but you only use 1,000 kWh, you'll receive 200 kWh in credits (worth about $24 at current rates). These credits will be applied to your next bill, helping you save even during months when your solar production is lower.

If you produce less energy than you consume in a billing period, you'll simply pay for the net energy you used at your contracted rate. The beauty of our program is that you're always getting the best value – the full retail rate for every kilowatt-hour you generate, and competitive rates for any additional energy you need.

If you don't have solar panels yet, Ambit can still help! We've partnered with Sunrun, a leading residential solar panel company, to offer solar panel installation with little to no upfront costs. Our representatives can guide you to the right solar solution for your home based on your energy needs and property specifications.

Benefits of partnering with Sunrun include:

• Take charge of your electricity bill by producing energy right from your home
• Pay little to no upfront costs for a custom solar system
• All paperwork, financing, approvals, permits, installation, insurance, monitoring and maintenance handled for you
• Protection from rising utility prices
• Environmental benefits of clean energy

Available in California, Colorado, Connecticut, Florida, Hawaii, Illinois, Maryland, Massachusetts, Nevada, New Jersey, New York, Pennsylvania, Texas and Vermont.