Net Metering & Solar Rates
Thinking about investing in solar energy?
Are you a Rocky Mountain Power customer?
Here is what you need to know when it comes to rates and the rate structure solar customers will have moving forward. These apply to Rocky Mountain Power customers. If you live/work in a city with their own municipal power company, please check their website for rates.
The Utah Solar Energy Association, along with other solar advocates, solar companies, state regulators and Rocky Mountain Power agreed to a settlement in the utility’s case to change the way solar customers pay for their power. The agreement lays out a much more friendly and affordable option for rooftop solar that what was originally proposed by the utility. We await the acceptance of the settlement by the Public Service Commission in September.
- If you are interested in answers to other questions related to rooftop solar, such as financing options, how solar energy works, etc see our “buyer’s guide page”)
- If you are a solar industry professional and want more in depth information about the settlement, please click to our Settlement Details page (coming soon).
Net Metering Customers
RMP customers (residential and commercial) that have solar installed or have a completed application submitted by 11/15/2017 will be considered net metering customers (NEM Customers) and will be given the current 1:1 energy credits for energy they produce and send to the grid.
All NEM Customers will be grandfathered through 12/31/2035. During that time frame, they will:
- Receive a 1:1 kWh credit for energy produced credited toward what is consumed in their home or business to credit
- Credits will be netted monthly
- Remain in their respective rate classes and not have charges applied, including rate changes, new monthly charges and new fees that are not applied to all other customers in the same rate class.
Grandfathering applies to the meter on the home, not the customer. In other words, when you sell your home, the new owner will receive the same treatment as you did.
Important: To be considered a NEM customer you do not have to have your installation completed, simply that a completed interconnection application is filed by 11/15/2017.
There will not be a better time to invest in rooftop solar.
Transition customers are rooftop solar customers that submit applications after 11/15/2017 through approximately the fall of 2020.
Transition customers will:
- have a fixed rate structure and rates until 12/31/2032
- remain in their respective rate classes and not be subject to additional fees or charges that non-solar customers don’t see as well
- have the ability to claim the Utah State Solar Tax Credit (residential) in the amounts of $1,600 in 2018, 2019, and 2020, pending approval of proposed legislation.
Transition Program Fees- All one time, upfront fees
Level 1- Residential and small commercial
- $60 Application fee, non-refundable
- Metering fee equal to incremental cost of bi-directional meter, refundable if not installed (approximately $60)
Level 2- Large commercial:
- $75 Application fee, non-refundable
- $1.50 per kw installed
Level 3- Large commercial with special circumstances:
- $150 Application fee, non-refundable
- $3 per kw installed
Transition Program Rates
- Behind the Meter = 1:1 credit for each kWh used within your own home/business
- Most valuable energy produced and indexes with utility rates
- Exported Energy: 90% (schedules 1,2,3) or 92.5%, (commercial schedules) average energy rate:
Note: Rate for Schedules 1,2,3 becomes $0.094/kWh if the Utah State Solar Tax Credit (residential) is not extended in the 2018 Utah Legislative Session
Transition Netting Period
- Consumption and exports:
- Measured & netted in 15 minute intervals- every 15 minutes the energy sent to the grid will be measured against the energy consumed by your home/business
- Excess exports applied to power & energy charges (see below for more)
- Excess annual credits surrendered at the end of March are donated to the low income lifeline program
The Transition Export Credit will apply against the power and energy charges only, and will not apply against monthly customer charges or minimum bills. Excess export credit values will carryover and apply against power and energy charges in subsequent monthly bills. At the end of a customer’s applicable annualized billing period, the value of remaining unused credits shall be granted: (a) to the Company’s low-income assistance programs as determined by the Commission; or (b) for another use as determined by the Commission.