Grand Valley Rural Electric Association - Net Metering (Colorado)
Last modified on May 24, 2011.
Rules Regulations Policies Program
|Name||Grand Valley Rural Electric Association - Net Metering|
|Incentive Type||Net Metering|
|Applicable Sector||Commercial, Residential|
|Energy Category||Renewable Energy Incentive Programs|
|Applicable Utilities|| 10 kW
|REC Ownership|| Yes
|System Capacity Limit|| 500 kW
|Date added to DSIRE||2006-05-10|
|Last DSIRE Review|| 2006-05-10
Grand Valley Rural Electric Association (REA), an electric cooperative utility, offers net metering* to residential and commercial customers who generate electricity using wind or solar resources. Systems up to 10 kilowatts (kW) in capacity are eligible. Net metering is accomplished by using a single, bi-direction meter that measures kilowatt-hour usage and production. Net metering is available on a first-come, first-served basis until the rated generating capacity owned and operated by eligible customer-generators in LPEA's service territory reaches 500 kW.
* Grand Valley REA offers "true" net metering to its customers. In 2002, Colorado enacted legislation (C.R.S. 40-9.5-304 et seq.) requiring the state's electric cooperatives to offer "net metering" to customers. However, the term "net metering" is a misnomer in this particular law. Under the law, customers receive a lower rate (the utility's avoided-cost) for all electricity generated, while customers must pay the full retail rate for all electricity they purchase from utilities. This practice, commonly known as "dual metering," is much less favorable to customer-generators than "true" net metering.
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.