Farmers Electric Cooperative offers a feed-in tariff to members that install qualifying wind and solar electricity generating systems. Customer-generators owning a qualifying grid-tied solar and wind energy systems are eligible for a $0.125 per kilowatt-hour (kWh) purchase rate (up to 100% of monthly energy usage) for up to 10 years. Generation in excess of monthly usage will be credited to the customer-generator at a rate of $0.06 per kWh.
This is a buy-all, sell-all arrangement where the customer-generator purchases all of their electricity from the utility at the normal retail rate and sell the entire output of their qualifying system to the utility. As a result, this arrangement requires two meters; one to measure the renewable energy system's production and one to measure the electricity used by the home or business.
The system must be operational and in service on or after January 1, 2008, and the customer-generator must participate in the utility's Green Power Project in order to qualify.
| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | Iowa |
| Incentive Type: | Feed-in Tariff |
| Web Site: | http://sites.google.com/site/feckalona/energy/renewable-energy |
| Administrator: | |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Incentive Amount: |
$0.125/kWh for up to 100% of customer monthly usage Excess generation credited at $0.06/kWh |
| Maximum Incentive: | Payment limited to 25% of customers monthly kWh usage |
| Eligible System Size: | 0.5 kW - 50 kW |
| Duration: | 10 years |
| Ownership of Renewable Energy Credits: |
Utility owns during incentive term (10 years) Customer regains ownership after 10-year term |
| Technologies: | Solar Photovoltaics, Wind (All) |
| Sectors: | Commercial, Residential, Agricultural |
| Parameters: | The system has a maximum of 500.00 W, The system has a minimum of 50.00 kW, The incentive is 0.13 $/kWh (10 years) |
| Name: | Customer Information - Energy Conservation and Renewables |
| Organization: | Farmers Electric Cooperative |
| Address: |
1959 Yoder Ave SW Kalona IA 52247 |
| Phone: | (319) 683-2510 |
| Email: | feckalona@gmail.com |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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