SRC MN Updated 12/10/14 Customer All Ratepayers $ Avoided costs - - PowerPoint PPT Presentation

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Apr 16, 2023 265 likes •378 views

SRC MN Updated 12/10/14 Customer All Ratepayers $ Avoided costs (Fuel Clause Adjustment) Solar Energy Utility Developer RECs (if election made to sell) Bill Credit Types and Rates Gardens Not Receiving Gardens Receiving Incentives

SLIDE 1

SRC MN

Updated 12/10/14

SLIDE 2

Customer Developer Utility

All Ratepayers

$ Avoided costs (Fuel Clause Adjustment)

RECs (if election made to sell)

Solar Energy

SLIDE 3

Bill Credit Types and Rates

Gardens Receiving Incentives*

*Made In Minnesota and Solar*Rewards

Incentives. Only Gardens under 40kW are

eligible.

Standard Utility Ownership of RECs

Residential

$0.12033

Small General $0.11783
General Service $0.09456

Gardens Not Receiving Incentives

Standard Garden Operator ownership of RECs

Residential

$0.12033

Small General $0.11783
General Service $0.09456

Enhanced > 250 kW Utility ownership of RECs

Residential

$0.14033

Small General $0.13783
General Service $0.11456

Enhanced ≤ 250 kW Utility ownership of RECs

Residential

$0.15033

Small General $0.14783
General Service $0.12456

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Bill Credit Timing for Partial Months

First month – NO bill credit for entire month Final month – Customer receives bill credit for entire month

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2014 Subscriber Bill Credits

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Subscribed Energy

All Bill Credits must be carried forward for at least a

twelve (12) month cycle. The Company shall purchase all Bill Credits with the billing statement which includes the last day in February and restart the credit cycle on the following period with a zero credit balance.

Standard bill credits do not include a payment for
RECs. RECs go to the Garden Operator (Garden

Operator must have M-RETS account).

– For gardens receiving MIM or S*R incentives, the REC payment is included in the incentive. Therefore the standard bill credit is applied.

Enhanced bill credits reflect the payment for the sale
f RECs to the utility

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Unsubscribed Energy

Payment for Unsubscribed Energy will be paid

to the Community Solar Garden Operator at the then current:

1.) Company’s avoided cost rate (found in the

Company’s rate book, Rate Code A51) for solar gardens of 40 kW (AC) capacity or larger, or

2.) Company’s average retail energy rate (found

in the Company’s rate book, Rate Code A50) for solar gardens under 40 kW (AC) capacity.

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Garden Operator Fees

Application fee of $1,200
Metering Charge per Month:

– Single Phase $5.50 – Three Phase $8.00

Deposit of $100/kW (AC)
Participation fee of $300
Generation Interconnection Application Fee

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Subscriber Maintenance

All subscription changes must be made within

the first 5 days of the production month

Subscription transfers – delete old account

premise subscription and add new one

Subscriber does not receive a bill credit for

first (partial) month. Subscriber receives a bill credit for final (partial) month.

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Subscriber Bill Credit

Standard Bill Credit & Enhanced Bill Credit

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