The Board of Directors for Valley Electric Association (VEA) approved net metering in April 2008. The rules apply to systems up to 30 kW, though owners of larger systems may be able to negotiate net metering terms with VEA on a case-by-case basis. VEA will make net metering available to eligible customer-generators in a timely manner and on a first-come, first-served basis up to zero point five percent (0.5%) of the VEA’s most recently measured annual peak load.
A customer-generator may choose to use an existing electric revenue meter if the VEA’s criteria are met. If the customer-generator’s existing electric revenue meter does not meet the requirements, VEA shall install and maintain a new revenue meter for the customer-generator, at VEA’s expense. The customer retains ownership of all renewable energy credits associated with their system.