Rappahannock Electric Co (REC)

https://myrec.coop/electric-rates

Utility Fixed Fee: $14.70/month

Avg Utility Rate (before solar): $0.138/kWh

Solar Buyback: 1:1 Net Metering

Max System Size: 29 kW DC

Max Offset: 100%

System Size Justification: Based on REC's Schedule NEM-10, systems can not be built to exceed 100% offset up to a max system size of 20 kW AC. We arrive at a maximum allowable kW DC value based off of our AC-DC conversion factor.   

Monthly Net Metering Credit: Excess NEM credits can be carried over from month to month on a per kWh basis 

Annual Credit True Up: Excess credits trued up once annually at the utility's avoided cost rate. This is about 2.6c/kWh 

Available Solar Incentives

Federal ITC

Solar Property tax exemption

- Varies by local jurisdiction in VA

SREC option 

R.E.T.E