What is "Net Metering"?
White River Valley Electric Cooperative (WRVEC) members that own small renewable energy generation systems can take advantage of “net metering” to save money and resources. Net metering enables these members to export power that is in excess of your immediate on-site needs to offset an equal amount of power supplied by WRVEC at a different time in the billing period. In this situation, you are billed for the “net” amount of power used that is in excess of power generated.
If during the billing period, you generate more power than is used, WRVEC provides you with a credit for the surplus power. The credit is based on the cost we would have incurred to purchase the fuel consumed to generate an equal number of kilowatt-hours.
Without net metering any power generated on-site in excess of your immediate use would be exported to the utility grid but would not affect your bill. Therefore net metering helps these members by providing some latitude regarding when the power generated on-site can be used.
Which renewable energy sources are eligible?
To be eligible, electricity must be produced from wind, solar thermal sources, hydroelectric sources, photovoltaic cells and panels, fuel cells using hydrogen produced by one of the aforementioned electrical energy sources, and other sources of energy that became available after August 28, 2007, and are certified as renewable by the Department of Natural Resources.
To become eligible, click here to complete an application.
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