I have a similar PV system as Darell's... Mine is 3.0kW peak Grid Tied, and I have averaged around $300 in electrical utility credits per year with a $5/month minimum connection fee (credit is lost for now--but really watching for a good family electric vehicle and get rid of our little Honda 4 door to use the extra $$$ in the "bank").
So, I am ahead money wise because of the Time of Use metering (during the summer the base rates are, $0.29 per kWhr Peak, and $0.09 per kWhr off-peak). Just don't use much power noon-6pm weekdays during the spring/summer time--and it gives me the equivalent of 3x larger panels (in terms of generating power credits).
Also, my array generates more kWhrs/year than we use at home (natural gas for cooking/heating/hot water/drier, conservation, and turning things off).
Am I saving money yet... Not really at this time. My array generates power around $0.14 to $0.17 per kWhr. And my base rate is just under $0.12 per kWhr (standard residential with no time of use). If I was using a lot of electricity (A/C, electric heat, etc.), rates run upwards of $0.36 per kWhr (standard rate) or $0.52 per kWhr for the most punitive Peak Summer rates.
If you are above base line (tiered pricing where you get charged higher rates for using more power), solar PV Grid Tied can save you lots of money right from the beginning... And you don't have to have large enough panels to zero out your power bill--just large enough to knock you out of the higher pricing tiers.
-Bill