| Implementing Sector: | Utility |
| Category: | Regulatory Policy |
| State: | Nevada |
| Incentive Type: | Net Metering |
| Web Site: | http://www.vea.coop/content/net-metering-0 |
| Eligible Renewable/Other Technologies: | Geothermal Electric, Solar Photovoltaics, Wind (All), Biomass, Wind (Small), Hydroelectric (Small) |
The Board of Directors for Valley Electric Association (VEA) approved net metering in April 2008. The rules apply to systems up to 30 kW, though owners of larger systems may be able to negotiate net metering terms with VEA on a case-by-case basis. VEA will make net metering available to eligible customer-generators in a timely manner and on a first-come, first-served basis up to zero point five percent (0.5%) of the VEA’s most recently measured annual peak load.
A customer-generator may choose to use an existing electric revenue meter if the VEA’s criteria are met. If the customer-generator’s existing electric revenue meter does not meet the requirements, VEA shall install and maintain a new revenue meter for the customer-generator, at VEA’s expense. The customer retains ownership of all renewable energy credits associated with their system.
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A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
