Farmers Electric Cooperative (Kalona) - Renewable Energy Purchase Rate (Iowa)

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Summary

Last modified on December 17, 2014.

Financial Incentive Program

Place Iowa

Name Farmers Electric Cooperative (Kalona) - Renewable Energy Purchase Rate
Incentive Type Performance-Based Incentive
Applicable Sector Commercial, Residential
Eligible Technologies Photovoltaics, Wind
Active Incentive Yes

Implementing Sector Utility
Energy Category Renewable Energy Incentive Programs
Amount 0.125/kWh for up to 100% of customer monthly usage

Excess generation credited at 0.06/kWh





Eligible System Size 0.5 kW - 50 kW










Maximum Incentive Payment limited to 25% of customers monthly kWh usage

Ownership of Renewable Energy Credits Utility owns during incentive term (10 years)

Customer regains ownership after 10-year term








Terms 10 years
Program Administrator Farmers Electric Cooperative
Website http://sites.google.com/site/feckalona/energy/renewable-energy
Date added to DSIRE 2010-02-04
Last DSIRE Review 2014-09-18



References DSIREDatabase of State Incentives for Renewables and Efficiency[1]


Summary

Farmers Electric Cooperative offers a production incentive to members that install qualifying wind and solar electricity generating systems. Customer-generators owning a qualifying grid-tied solar and wind energy systems are eligible for a $0.125 per kilowatt-hour (kWh) production incentive (up to 100% of monthly energy usage) for up to 10 years. Generation in excess of monthly usage will be credited to the customer-generator at a rate of $0.06 per kWh.


This is a buy-all, sell-all arrangement where the customer-generator purchases all of their electricity from the utility at the normal retail rate, and sells the entire output of their qualifying system to the utility. As a result, this arrangement requires two meters; one to measure the renewable energy system's production and one to measure the electricity used by the home or business.


The system must be operational and in service on or after January 1, 2008, and the customer-generator must participate in the utility's Green Power Project in order to qualify.


Incentive Contact

Contact Name Customer Information - Energy Conservation and Renewables
Department Farmers Electric Cooperative

Address 1959 Yoder Ave. SW

Place Kalona, Iowa
Zip/Postal Code 52247
Phone (319) 683-2510


Email feckalona@gmail.com
Website http://www.feckalona.com/index.html
     
     


  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency"