No. See, extra units produced during the day will be adjusted during the nigh, only off-peak though. Which means, if you produced extra 10 units during the day, they will be used up or netted during night, ie. (From 10pm to 8am). It wont be netted during 7pm-10pm since these are peak hours.
I think it is still bery good because mostly we consume more during 11pm till 8am because thats when our ACs are on.