For small renewable generation systems, the member is credited for the power that is generated back to the grid by a “Net Billing” process.
All meters we have on our electric system are capable of monitoring bi-directional flow of the electricity to track when the member is consuming electric off the grid and when they are generating electric to the grid. The two readings are used to determine their monthly billing.
The Cooperative bills the Member for the energy supplied by the Cooperative and purchases the energy produced from the member back to the grid. This process occurs over the course of each billing period according to the Cooperative’s applicable retail rate schedule.
The energy generated back to the grid by the member will be purchased by the Cooperative at the Avoided Cost Rate, which will show up on the members bill as a credit, and the energy consumed off the grid by the member will be sold by the Cooperative at the retail rate for that service type. If the credit that the member receives for that month is larger than the amount they owe for their monthly electric consumption off the grid, then that credit will roll over monthly until it is fully utilized by the member.