U.S. Virgin Islands - Net Energy Billing

Eligibility and Availability As of June 2017, the 15 MW aggregate capacity limit for net metering in the Virgin Islands was reached, and the program was closed to new applicants. The prior net metering rules were later replaced by Net Energy Billing. While Title 12 of the Virgin Islands Code provided the basis for the prior net metering rules, the current Net Energy Billing rules are not codified in the Code. But it is generally understood that the Net Energy Billing rules apply to the same types of systems addressed in Title 12 of the Virgin Islands Code, namely systems up to 10 kW in capacity. Net Excess GenerationUnder the Net Energy Billing rules, consumption and production are netted instantaneously. Electricity produced by the system will first be consumed on-site, and any excess electricity will exported to the grid. The electricity exported to the grid will be credited to the system owner at a rate equal to 75% of the current Levelized Energy Adjustment Clause. If the monthly credit for excess generation exceeds the total billed amount for the customer’s consumption, the excess credit will be reconciled at the end of the month. However, excess energy credits cannot offset any non by-passable charges on the customer’s bill. For a program overview click here.