Valley Electric Association - Net Billing
Quick Summary
Valley Electric Association's net billing program, effective August 30, 2024, allows you to receive monthly bill credits for excess solar, wind, geothermal, biomass, or hydroelectric energy your system exports to the grid, valued at VEA's avoided rate. To participate, submit a pre-application form to verify you own the property, pay a non-refundable application and engineering fee, obtain VEA's Permission to Construct and Permission to Operate letters, and have VEA install a net meter and production meter on your system.
AI-generated summary • Updated 7/12/2026
Program Details
- Program ID
- 3358
- Last Updated
- 3/4/2026
Eligibility
Program Summary
The Board of Directors for Valley Electric Association (VEA) approved a revised net billing program, which took effect in August 30, 2024. For DG applications completed after August 30, 2024, production and consumption are netted instantaneously, and any net excess energy exported to the grid will generate an "Over-Generation Bill Credit," which is valued at the utility's avoided rate. The accumulated value of Over-Generation Bill Credits will be applied to the customer's bill at the end of the month. In the event the value of the credits is greater than the value of electricity consumed by the customer during the month, the credits will be applied to the next monthly bill. All RECs generated by the system convey to the utility.
Contact & Resources
Please verify current program details with the administering agency before making any financial decisions.