Net Energy Metering Update

Net Energy Metering Update

What is Net Metering?

Net metering allows A&N Electric Cooperative members to interconnect approved renewable generation systems to the electrical distribution system and to generate some of their own electricity. The output of the renewable generation system offsets the electricity that would have been delivered by the cooperative. Common examples of net metering installations include solar panels on a home or a wind turbine at a school.

These installations are connected on the member’s side (the usage side) of the meter. The meter will measure electricity being used from the grid, and it will reverse when the customer generates excess electricity (thereby “exporting” electricity to the electric grid). The sum, or “net,” of the forward and reverse rotation is the volume of electricity (kWh) to be billed or credited to the monthly bill.

 

Which law currently governs Net Energy Metering (NEM) as of today?

Va. Code § 56-594.

 

What is the net energy metering cap, and how much is left?

The cap is a legislatively-mandated mechanism designed to ensure a safe and reliable grid for all member-consumers, including those that choose to installed net-metered renewable generation at their premises. 

Cooperatives in Virginia have up to 5% of their Virginia adjusted peak-load (2% residential, 1% non-residential and 2% non-profit/non-jurisdictional) open to NEM under the current law. As of today, A&N Electric Cooperative is at 7.2% of that cap (see chart below). 

In 2019, A&N Electric Cooperative and its sister Cooperatives helped to pass a new law that expanded this cap following a rulemaking at the State Corporation Commission. 

 

Where can I find more information?

Please see A&N Electric Cooperative’s Schedule NEM-10 for additional terms and conditions governing net energy metering.

Or contact A&N Electric Cooperative's Patsy Goard at pgoard@anec.com or call 757-787-9750 Ext. 322.

 

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