Member-Owned Distributed Generation
Are you interested in having solar panels installed at your home? Members who want to generate their own electricity can participate in SREC’s Member-Owned Distributed Generation program. Distributed generation is defined as a member owned electric generation resource of 15 kW or less fueled by solar, wind, or methane connected in parallel to the Cooperative’s electric distribution facilities. The member-owned distributed generation facility must be located on the member’s premises and be intended to primarily offset all or part of the members’ electrical load requirements.
SREC shall credit the distributed generation owner for any energy that is injected into the SREC’s electrical facilities during those times when generation from the facilities exceeds the distributed generation owner's load. The price paid by SREC to the distributed generation owner for such energy shall be SREC’s avoided cost of wholesale energy calculated monthly (monthly energy supply charge). SREC will credit the distributed generation owner for such energy on a monthly basis on the members billing statement. Wholesale energy costs include amounts paid to the New York Power Authority, amounts paid to the New York Independent System Operator (either directly or through an intermediary), and amounts paid to New York State Electric and Gas.
Solar as an investment – is it worth it? Solar panels may be a good investment for some members, but not for others. The amount of energy you typically use, the amount of sun in your yard, the number of solar panels installed, and the cost of installation are just some of the factors that need to be considered when you get estimates for solar PV systems.
Steuben Rural Electric Cooperative has established a Member-Owned Distributed Generation Interconnection Information Packet which outlines the application procedures, information requirements, application form, and agreement.