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Category:  Solar - Contract Pricing
Subject:  Current LDC Rules for Net metered Systems
ID:  10773
Date:  9/18/2009
Question:  My local LDC offers a monthly credit for any revenue generated in excess of your monthly utility cost, this credit must be used within a 12 month window from the billing date. Any excess revenue or credit is forfeited at the end of the 12 month period. The LDC does not currently pay or transfer funds for excess revenue generated. Under the Microfit legislation will the LDC or OPA compensate the supplier for excess or net revenue (net revenue = KW(produced)x .802 - KW(consumed) x (LDC pricing). I can't seem to get a concise answer on this.
Answer:  Under the microFIT program, you will be paid for every kWh that is produced by your microFIT project - even if it is used by your home.

Note that you will be responsible for paying for all the electricity that you consume - even if it is supplied by your microFIT project.

You will receive payments from you LDC on behalf of the OPA.

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