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, any 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.
| Implementing Sector: | Utility |
| Category: | Regulatory Policy |
| State: | Nevada |
| Incentive Type: | Net Metering |
| Web Site: | https://www.vea.coop/member-services/start-stop/start-service/distributed-generation/ |
| Administrator: | |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Applicable Utilities: | VEA |
| System Capacity Limit: | 25 kW (larger systems on case-by-case basis) |
| Net Excess Generation: | Instantaneous exports credited at avoided cost rate |
| Ownership of Renewable Energy Credits: | Utility owns RECs |
| Meter Aggregation: | Not addressed |
| Name: | Distributed Energy Policy |
| Effective Date: | 10/28/2020 |
| Name: | Net Metering Program |
| Organization: | Valley Electric Association |
| Address: |
800 E. Hwy 372 Pahrump NV 89048 |
| Phone: | (775) 727-5312 |
| Email: | wac@vea.coop |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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