BOMA - Building Owners and Managers Association Austin

02/08/2018 | Press release | Distributed by Public on 02/09/2018 11:03

Value of Solar (VoS) Rate » As of Jan. 1, the Value of Solar (VoS) rate will be extended to commercial solar customers. With VoS, commercial solar cus...

As of Jan. 1, the Value of Solar (VoS) rate will be extended to commercial solar customers. With VoS, commercial solar customers:

  1. Are billed on their total consumption - regardless of energy source - just as they were becoming Solar participants.
  2. Then receive a credit on their bill for all of their solar production.

Commercial solar customers who pay demand rates will receive $0.067 per kWh for all solar energy produced (or $0.047 per kWh if the system is over 1 MW-ac), and will be able to reduce their demand charges if their solar production causes a reduction in peak demand.

Non-demand rate customers, including residential and many small businesses, will receive $0.097 per kWh for all solar energy produced.

Download the electric rates tariff for more details (PDF).