Farmington Electric Utility System - Bidirectional Net Metering

Existing customers are grandfathered under the most recent net metering tariffs. New customers can enroll in bidirectional net metering. Net metering rules developed by the New Mexico Public Regulation Commission (PRC) apply to the state's investor-owned utilities and electric cooperatives. Municipal utilities, which are not regulated by the commission, are exempt from the PRC rules but authorized to develop their own net metering programs.Bidirectional Net MeteringFarmington Electric, a municipal utility, offers bidirectional net metering to residential and commercial customers. Systems cannot exceed 100% of a residential customer's historical load or 125% of a commercial customer's historical load. Systems 500 kW to 4 MW would be considered "large" and must use a separate interconnection agreement.This option is available for solar, wind, hydro, and other types of sources in additional to conventional fossil fuels. Energy is netted on a monthly basis for residential customers and on a fifteen-minute basis for commercial customers, with net excess generation credited to the customer's next monthly bill at the utility's avoided cost rate. Unused credits roll over indefinitely.Net Metering (closed to new customers) Farmington Electric offered net metering to residential and commercial customers with systems up to 10 kilowatts (kW) in capacity that were installed by January 31, 2017. These tariffs are not open to new customers. Existing customers may continue to participate in the net metering program until the sale of the property the system is associated with or substantial changes are made to the system, beyond routine repairs and maintenance.This option was available for photovoltaic (PV), wind, hydro and other (unspecified) non-carbon-based fuels. Any customer net excess generation (NEG) is credited to the customer's next monthly bill at the utility's retail rate. Accounts are trued-up at the end of the calendar year. At this point, the customer has the option of either receiving a payment for any remaining NEG or carrying the credits forward.