Shenandoah Valley Electric Cooperative
(SVEC)
Shenandoah Valley Electric Cooperative
(SVEC)
Bill Review
Net Metering Details
Product and Pricing Options
Batteries
Installation Details
HOI Declaration page required
Shenandoah Valley Electric Cooperative
https://www.svec.coop/energy-solutions/solar-net-metering/
Utility Fixed Fee: $30/month
Avg Utility Rate (before solar): $0.112/kWh
Solar Buyback: 1:1 Net Metering
Max System Size: 29 kW DC
Max Offset: 100%
System Size Justification: Based on SVEC'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 until June
Annual Credit True Up: Excess credits remaining on June 1st each year are forfeited with no compensation from the utility.
Available Solar Incentives
Federal ITC
Solar Property tax exemption
- Varies by local jurisdiction in VA
SREC option
R.E.T.E