Net metering is one way to measure and value the output of member-owned generation. At Shenandoah Valley Electric Cooperative, net energy metering is an arrangement between the Cooperative and a member-owner that allows the member-owner to install renewable fuel generation at the member-owner’s premises and interconnect it with the Cooperative’s distribution system. The intent of the arrangement is to allow the member-owner to meet all, or part, of their electricity requirements by using renewable fuel generation on the member-owner’s premises. The meter logs kilowatt hours when the member-owner is a net user of electricity. Conversely, the meter credits kilowatt hours at the meter when the member-owner is a net generator of electricity, resulting in a month-ending meter reading that represents net use.
If the member-owner uses more energy over the course of the billing period than they have generated, they pay only for the net energy that they have received from the system, plus any fixed monthly charges provided by the rate schedule.
SVEC Net Energy Metering Rider NEM-8 ( 21 KB)
For additional information on rules and regulations, please view the State Corporation Commission’s Order Adopting Regulations by clicking here.
**Please call 1-800-234-7832 to let Shenandoah Valley Electric Cooperative know if you are considering net metering in your home or business, to ensure that all requirements are met for interconnection.
Please visit the following websites for more information about incentives and renewable technologies:
DSIRE: Database of State Incentives for Renewables & Efficiency, a source of information on state, local, utility and federal incentives and policies that promote renewable energy and energy efficiency.
United States Department of Energy, Solar Energy Technologies Program, which gives more information about cost-effective solar technologies that have the greatest potential to benefit the nation and the world.
United States Department of Energy, Wind Powering America, which gives information about wind power, and a wind resource map for Virginia.
For information about Renewable Energy Certificates (RECs) please visit: https://energy.gov/eere/femp/federal-site-renewable-energy-purchases-and-renewable-energy-certificates