Program | Lincoln Electric System - Customer-Owned Generation |
---|---|
Category | Financial Incentive |
Implementing sector | Utility |
Last Update | |
State | Nebraska |
Website | http://www.les.com/savings-energy/solar-customer-owned-gen |
Technologies | Solar Photovoltaics |
Sectors | Residential |
Lincoln Electric System offers a one-time capacity payment to the owner of the renewable generation based on the contribution of peak reduction by the renewable resource, valued at a traditional resource cost of $1,000 per kW-AC. Capacity increases or additions in future years will be eligible for the capacity payment. The total amount customers can receive is determined by the type and efficiency of the technology installed, for example:
Customer-generators may also qualify for credits based on the amount of electricity generated by the renewable energy system that goes to the electricity grid. For more information on the Renewable Net Metering Rider (for systems less than 25 kW) and the Renewable Generation Rate (for systems 25 kW to 100 kW), visit the program website.