That $1 worth of electricity I dropped into the grid at noon on Tuesday likely traversed the grid all the way to my neighbors house, about 300 feet. It didn't traverse the grid out of the town I live in and go 57 miles back to the power plant. Thus the power company made a hefty profit on the transport costs they charged my neighbor who paid full retail rate for that $1 worth of electricity. The power company also got my $1 worth of electricity at peak rate if we were playing time of use games, and the $1 worth of electricity I was returned likely came back at off peak rate at 10PM when my nest kicks the A/C on for an hour.
Do I believe there is value in my ability to give and borrow from the grid, but the utility is already tracking my delivered and what I've sent out. Charge me $0.02/kWh on what I sent out.
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