As part of the LPEA Board of Director’s commitment to renewable energy, LPEA’s Net Metering Program allows owners of on-site renewable generation systems access to interconnect feeding power into the electric grid and spin their meters backwards. More than 375 photovoltaic and wind generators are currently interconnected with LPEA’s electric distribution system.
LPEA offers an optional Renewable Energy Credit (REC) contract and REC payment (per Policy 359) for residential or commercial, grid-tied installations located within LPEA’s service territory.
LPEA allows the meter to spin backwards up to the point where a member’s monthly generation offsets all their monthly usage. The excess generation is carried over for a twelve month period ending in April. In April of each year, the member is credited at LPEA’s average wholesale cost. The net metering program may eliminate the need for members to integrate costly batteries into their system; it values member generation at a fair rate and helps to ensure a safe installation.
For more information contact Richard Archuleta 970.382.3504 or email@example.com.