Green Mountain Energy Renewable Rewards Buy-Back Program (Texas)

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Last modified on September 25, 2013.

Financial Incentive Program

Place Texas

Name Green Mountain Energy Renewable Rewards Buy-Back Program
Incentive Type Performance-Based Incentive
Applicable Sector Residential
Eligible Technologies Anaerobic Digestion, Biomass, Geothermal Electric, Hydroelectric, Landfill Gas, Photovoltaics, Tidal Energy, Wave Energy, Wind
Active Incentive No

Implementing Sector Utility
Energy Category Renewable Energy Incentive Programs
Amount First 500 kWh/month: Renewable Rewards retail rate

Energy production beyond 500 kWh/month: 50% of retail rate


























Terms Generally only available for systems of 25 kW or less; customers must participate in the 100% wind (Renewable Rewards) green energy pricing program; requires interconnection agreement with distribution utility and installation of a dual-register meter
Program Administrator Green Mountain Energy
Website http://www.greenmountainenergy.com/renewablerewards/#3
Date added to DSIRE 2009-05-27
Last DSIRE Review 2010-05-27



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


Summary

Note: This entry is no longer active. This incentive has been reclassified as a net metering program.

Green Mountain Energy Company, a retail provider of green electricity, offers a special energy buyback program to Texas customers that produce renewable energy from home-sited systems. It is only available to residential customers of Green Mountain Energy Company who purchase electricity under the company's Renewable Rewards product (100% wind energy). Wind, solar, geothermal, biomass (and related technologies), hydroelectric, wave, and tidal energy systems are eligible for incentives under this program. The program is only intended to support systems of 25 kilowatts (kW) or less.

The Renewable Rewards Buy-Back program mimics net metering up to a certain point. The customer continues to pay the retail rate charged by Green Mountain under the 100% wind energy program for all the electricity they consume from the grid during a month. Any excess energy produced by the customer’s system that is exported to the grid (NEG) is metered separately and the customer's account is credited (the following month) for the exported energy up to 500 kilowatt-hours (kWh) per month at the retail rate. Energy export in excess of 500 kWh per month is credited at half of the retail rate. Notably, customers retain title to any renewable energy credits (RECs) or other environmental attributes produced by the system.

The arrangement requires the customer to enter into an interconnection agreement with their electric distribution utility (not Green Mountain). The customer must also work with their utility to install a meter capable of separately measuring the flow of electricity in both directions. The program website lists utility interconnection contacts for Oncor, CenterPoint, Texas-New Mexico Power, and American Electric Power.


Incentive Contact

Contact Name Public Information - Renewable Rewards Program
Department Green Mountain Energy

Address P.O. Box 689008

Place Austin, Texas
Zip/Postal Code 78768
Phone (866) 473-3689
Phone 2 (866) 785-4668

Email askthecat@greenmountain.com

     
     


















  • 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"

Production Solar Photovoltaic Incentives

PV Performance-based incentive Feed-in tariff Max KW 25
PV Rating DC













Production Wind Incentives

Wind Performance-based incentive Feed-in tariff Max KW 25
Wind Rating DC









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

References

  1.  "Database of State Incentives for Renewables and Efficiency (DSIRE)"