The net metering program at Rocky Mountain Power calculates the difference between the electricity a customer purchases from the company and the energy generated by the customer’s solar panel system.
Rocky Mountain power net metering is available in three states.
Benefits of net metering
The use of net metering makes it easy to receive both present and future benefits for the electricity you produce. You can “store” your extra electricity on the grid thanks to net metering, which lowers or eliminates the amount of electricity you would have to buy otherwise.
Rates and prices of Rocky Mountain Power Net metering
The Rocky Mountain Power net metering scheme has three tiers, each with its requirements for linking a solar panel system. Tier 1 is less than 25 kW, which is where the majority of household units fall. Tier 2 is for inverter-based systems ranging from 25 kW to 2 megawatts, while Tier 3 is for non-inverter-based systems ranging from 25 kW to 2 megawatts. Click your state below for more details about the residential type that has less than 25kW:
Rocky Mountain Power Net metering cap
The net metering cap specifies the maximum number of customer-sited energy-generating resources that can accept net metering subscribers.
Individual system capacity in Idaho is limited to 25kW for residential and small commercial customers and 100kW for all others. The state has no aggregate capacity limit for utilities.
Utah has set an individual system capacity restriction of 25 kW for residential customers and 2 MW for all other users for their new net metering transition program. Rocky Mountain Power’s program has a maximum of 170 MW for home and small business users and 70 MW for big non-residential consumers.
Wyoming has a 25 kW individual system capacity limit but no net metering constraint.
Is Wyoming, Idaho, or Utah’s net metering better than Rocky Mountain Power’s?
Customers in Idaho, Utah, and Wyoming can benefit from net metering or net billing compensation from Rocky Mountain Power.
Rocky Mountain Power’s service areas in Idaho do not coincide with those of the state’s two major energy suppliers, Avista Utilities and Idaho Power. As a result, geography is the most essential aspect in identifying the optimum net metering program. On the other hand, Rocky Mountain Power is the greatest for renewable energy in general because of its Blue Sky program, which supports renewable energy development for those unable to construct a solar panel system on their own property.
Rocky Mountain Power is Utah’s largest utility, supplying more than 80% of the state’s electricity. Other consumers are served by municipal utilities such as the (UAMPS) Utah Association of Municipal Power Systems or rural cooperatives. It is significant to note that Rocky Mountain Power does not provide net metering credits in Utah at the full retail rate; starting in 2021, consumers will receive credits at a rate of about 6 cents per (kWh), or roughly half the retail price. UAMPS is still working on developing a rate structure for its consumers.
Black Hills Energy is another Wyoming energy supplier. This utility also provides net metering, but its program focuses on home cost offsets rather than encouraging the use of renewable energy, such as solar panel installations. Rocky Mountain Power is Wyoming’s best because it is more committed to renewable energy. Its net metering program creates more applications and uses overall.
Net Metering Bill Credits of Rocky Mountain Power
Utah:
Customers will receive the appropriate monthly charges and a cumulative (kWh) credit on their bill for net metering energy when they produce more energy than they consume in a given month. The subsequent month’s bill is charged with the credit. The value of net metering credits for residential customers is decided by the current rates in schedules 1, 2, or 3.
Each year in March, all unused credits become inactive.
Wyoming:
Customers who generate more electricity than they consume monthly will be credited for each kWh of excess energy generation and the appropriate monthly fees. These credits are carried over to the subsequent month’s bill and do not expire. At the beginning of each calendar year, unspent credits are sold to Rocky Mountain Power at the average wholesale power rate for the winter and summer as determined by Schedule 37 avoided cost rate. The “avoided cost” rate is about 3 cents/kWh.
Idaho:
Customers will be charged the appropriate monthly fees and given a cumulative kWh credit on their bill for exported energy when they produce more energy than they consume in a given month. The subsequent month’s bill is charged with the credit. After the annualized billing cycle, all unused credits become invalid.
Rocky Mountain Power Solar Incentives
The 30% federal solar tax credit is the leading financial incentive currently offered until the end of 2022. This works because you must pay the installer the full cost of the system before you can claim the tax credit as cash when you file your next tax return.
Aside from that, customers who install solar panels on their property are not eligible for rebates from Rocky Mountain Power. The utility does, however, provide the Blue Sky renewable energy program, which enables customers to support renewable energy development by making a monthly payment of $1.95 to assist in opening new renewable energy facilities. Customers without the resources to install a solar panel system are particularly interested in this option.
Interconnection
There are three kinds of interconnection customers. To know what category you’ll fall into, click here.
Interconnection of Rocky Mountain Power Solar
Interconnection is joining a solar energy system to Rocky Mountain Power’s grid. The interconnection procedure takes about 70 days to complete from beginning to end. Customers are liable for all costs incurred by any adjustments necessary to interconnect to a larger grid.
A solar panel generation facility for residential customers will typically be classified as Tier 1. Tier 1 properties must be situated on the customer’s property and have a maximum capacity of 25 kW. A customer must submit an Interconnection Agreement. Click on your state below for more details on Rocky Mountain Power’s general interconnection requirements:
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