Rate Schedules

Schedule R-NM
Residential Net Metering Service

AVAILABILITY:

Available for Net Metering Service to residential customers with qualifying renewable energy source generation facilities designed to operate in parallel with the Kankakee Valley Rural Electric Membership Corporation (REMC) system.

The total rated generating capacity of all net metering customers served under this rate schedule shall be limited to five tenths of one percent (0.5%) of the REMC’s previous year’s peak demand in kW. Service under this rate schedule shall be available to customers on a first come, first served basis.

CHARACTER OF SERVICE:

Service under this schedule shall be single phase, 60 Hertz, alternating current at the REMC’s available standard voltages.

CONDITIONS OF SERVICE:

• For purposes of this rate schedule, a qualifying net metering facility is an electrical generating facility that complies with all of the following requirements:
• is fueled by solar, wind, geothermal, biomass, including waste-to-energy and landfill gas, or hydroelectric;
• has a total rated capacity of not more than 10 kW;
• is located on the customer's premises;
• is intended primarily to offset all or part of the customer's own electrical load requirements; and
• is designed and installed to operate in parallel with the REMC's system without adversely affecting the operation of equipment and service of the REMC and its customers and without presenting safety hazards to REMC and customer personnel.
• A customer seeking to interconnect an eligible net metering facility to the REMC’s system must submit to the REMC’s designated personnel a completed Interconnection Agreement. The REMC will provide copies of all applicable forms upon request.
• An interconnection agreement between the REMC and the eligible net metering customer must be executed before the net metering facility may be interconnected with the REMC’s system.
• Customer generator equipment and installations must comply with the REMC's Interconnection Procedures for Power Projects. The REMC will provide a copy of its Interconnection Procedures for Power Projects to customers upon request.

METERING:

Net energy metering shall be accomplished using a standard kilowatt-hour meter or meters capable of measuring and recording the flow of electricity in each direction. The reading measuring the flow of energy from the customer to the REMC shall be subtracted from the reading measuring the flow of energy from the REMC to the customer to obtain a measurement of net kWh for billing purposes.

The REMC may, at its own expense, install one or more additional meters to monitor the flow of electricity.

MONTHLY Rate:

If the customer’s net kWh energy flow is positive during the billing period, the REMC shall bill the customer for said kWh consumption at the Energy Charge show below. If the customer’s net kWh energy flow is negative during the billing period, the negative net kWh generation shall accumulate as a credit to offset kWh energy consumption in subsequent billing periods. Such excess kWh generation credits, if any, will carry over from month to month, limited to a calendar year. At the end of each calendar year, cumulative credits, if any, will be refunded by the REMC and the customer’s credit reset to zero.

Tax Adjustment:

The amount computed at the above monthly rate as adjusted by the application of the purchased power cost adjustment clause shall be subject to taxes, assessments, and surcharges imposed by any governmental authority.

TERMS AND CONDITIONS OF SERVICE:

1. This rate schedule is subject to the REMC's Terms and Conditions of Service and all Standard Rules, Regulations and By-laws and all provisions of the standard service tariff under which the customer takes service. This rate schedule is also subject to provisions of the REMC’s Interconnection Procedures for Power Projects.
2. The REMC’s net metering program shall be open for customer enrollments for a period of at least five years from the original effective date of this rate schedule. Customers enrolled in this program shall be eligible to continue their participation in the program for a period of at least ten years.
3. A participating customer may terminate their participation in this program at any time. However, if the customer removes or disconnects its generation equipment or for any reason discontinues service in less than 5 years from the date service commenced under this rate, it shall reimburse the REMC for its cost of metering equipment in accordance with the following schedule:

Length of Service	Reimbursement
From 0 to 1 years	$1,000.00
From 1 to 2 years	$800.00
From 2 to 3 years	$600.00
From 3 to 4 years	$400.00
From 4 to 5 years	$200.00
Over 5 years	$0.00

4. The terms of payment shall be in accordance with the provisions set forth in the Kankakee Valley Rural Electric Membership Corporation’s Service Policies and Bylaws.
5. Service under this schedule is limited to members whose load requirements can be met by transformers having a capacity not to exceed 37.5 KVA. However, if the transformer capacity is not equal to or greater then that of the generator, then the member must pay to the REMC an amount equal to the cost to install an adequate size transformer less any salvage value of the existing transformer prior to installing the generator.