Solar Incentives
Monday, January 22nd, 2007Yampa Valley Electric Association, Inc. does provide for true “net metering” for members who install solar equipment. With true net metering, the meter will register electric energy purchased from YVEA and will reverse the meter registration when the solar system is generating electricity into the YVEA grid. Members who generate more than they consume, can “bank” usage for the proceeding month(s). Annually, there will a reconciliation month, where consumers will be financially compensated for their total ”banked” usage at the filed tariff rate 50.
The Association does not provide any upfront financial incentives to install solar equipment.
Colorado’s interconnection rules (H.B 1169, enacted in 2007) stipulates that inverter-based systems have a maximum nameplate capacity of 10 kilowatts (kW) for residential loads and a maximum nameplate capacity of 25 kW for commercial loads. These systems must comply with the IEEE 1547 and UL 1741 standards. Minimum liability insurance with a single occurrence limit of $300,000 is required at the customer’s expense.
Members who install inverted based solar equipment must sign an interconnection agreement with YVEA. A copy of the interconnection agreement is attached: Renewable Energy Interconnection Agreement
