When we get solar panels from utility company-connected service provider, do we ever use our own generated power?

When we get solar panels from utility company-connected service provider, do we ever use our own generated power?

ConEdison (our local energy provider in USA) contacted me about solar energy options and connected me to a company that brokers deals and installation "Pick My Solar".

From initial conversation I had a feeling that we never actually use the solar power we generate from the panels they install on our roofs (roughly $15k) instead, the power generated by the solars continuously feed the grid, and in the meantime we use the power from the grid, and if there is a balance (depending on which way) either we pay the add'l usage at per kWh or they credit us per kWh.

Is this correct understanding of the system? I always thought we'd get some batteries so we can reserve our own power, and anything not used, or above the batteries, we can sell back to ConEdison.

Could someone help me understand how the system works with panels?

Thank you in advance.

submitted by /u/_0x0_
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