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Virtual Net Metering Are you interested in solar power or other renewable energy sources but unable to install them where you live? Perhaps you rent a.

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Presentation on theme: "Virtual Net Metering Are you interested in solar power or other renewable energy sources but unable to install them where you live? Perhaps you rent a."— Presentation transcript:

1 Virtual Net Metering Are you interested in solar power or other renewable energy sources but unable to install them where you live? Perhaps you rent a home, have shaded property or an otherwise unsuitable location. Or maybe you simply don ' t have the money to pay for the entire system? These do not have to be a constraint anymore when OPALCO follows the blossoming trend around the country to embrace “ virtual net - metering ”.

2 Community - owned virtual - net metered 78 kW solar array in El Jebel, Colorado in the service territory of Holy Cross Energy, a rural electric cooperative like OPALCO Community solar “ Virtual net - metering ” is when a renewable energy system that a member owns or co - owns is not in the same location as the consumption meter, but the production credit can still be “ netted ” against member ' s own electricity consumption.

3 Virtual Net Metering : how it works 1234 OPALCO Member A Member B Member C When OPALCO adopts Virtual Net Metering, solar electricity produced in one place can be counted against electricity consumed in another place Participants get credit for their portion of the solar production that is located in a premium solar site away from their home


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