Farmers Electric Cooperative - Consumer Renewable Energy Sales Program
Program Details
- Program ID
- 5758
- Last Updated
- 5/12/2015
Eligibility
Program Summary
Farmers Electric Cooperative offers a feed-in tariff to members that install qualifying wind and solar electricity generating systems. Customer-generators owning a qualifying grid-tied solar and wind energy systems are eligible for a $0.125 per kilowatt-hour (kWh) purchase rate (up to 100% of monthly energy usage) for up to 10 years. Generation in excess of monthly usage will be credited to the customer-generator at a rate of $0.06 per kWh. This is a buy-all, sell-all arrangement where the customer-generator purchases all of their electricity from the utility at the normal retail rate and sell the entire output of their qualifying system to the utility. As a result, this arrangement requires two meters; one to measure the renewable energy system's production and one to measure the electricity used by the home or business.The system must be operational and in service on or after January 1, 2008, and the customer-generator must participate in the utility's Green Power Project in order to qualify.
Contact & Resources
Please verify current program details with the administering agency before making any financial decisions.