Colorado Coop Institutes New Charge for Solar Customers
Posted on Oct 7, 2015 in Corporate Governance, Rates, Renewable Energy | Comments Off on Colorado Coop Institutes New Charge for Solar Customers
The board of Colorado-based cooperative Intermountain Rural Electric Association (IREA) recently voted to institute a new charge on customers that rely on solar power during the day and IREA at night. The new charge, called a “Load Factor Adjustment” is meant to recover costs of service from IREA customers with solar panels that sell excess power to IREA by way of net metering. The adjustment is scheduled to go into effect on December 31, 2015.
