Nevada Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 03/11/2013
Program Overview:
| State: |
Nevada |
| Incentive Type: |
Net Metering |
| Eligible Renewable/Other Technologies: |
Photovoltaics, Wind, Biomass, Geothermal Electric, Small Hydroelectric |
| Applicable Sectors: |
Commercial, Industrial, Residential, Agricultural |
| Applicable Utilities: | VEA |
| System Capacity Limit: | 30 kW (larger systems on case-by-case basis)
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| Aggregate Capacity Limit: | 0.5% of utility's annual peak load
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| Net Excess Generation: | At the end of each calendar year, VEA either shall carry forward any excess kWh credits for use against consumption in future months, or shall compensate the customer-generator for any excess kWh credits at the VEA’s average avoided cost of electricity supply over the same calendar-year period. |
| REC Ownership: | Customer owns RECs
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| Meter Aggregation: | Not addressed |
| Web Site: |
http://www.vea.coop/content/net-metering
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Summary:
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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Contact:
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Net Metering Program
Valley Electric Association
800 E. Hwy 372
Pahrump, NV 89048
Phone: (775) 727-5312
Phone 2: (800) 742-3330
Fax: (775) 727-6320
E-Mail: wac@vea.coop
Web Site: http://www.vea.coop
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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