Or. Admin. R. 860-084-0360

Current through Register Vol. 63, No. 8, August 1, 2024

Section 860-084-0360 - Volumetric Incentive Rates and Payments - Net Metering Option

(1) Each electric company must pay the retail electricity consumer on a monthly basis for payable generation up to the consumer's actual usage in the month. Any excess generation in the month transfers to the next month's eligible generation. At the end of a generation year, any remaining excess generation is donated to the low income bill assistance.

(2) The default generation year is April 1to March 31. For irrigation and agriculture customers, the default generation year is November 1 to October 31.

(3) The monthly incentive payment equals the product of the volumetric incentive rate specified in the standard contract minus the retail rate in effect at the time of payment for eligible generation for the month.

Or. Admin. R. 860-084-0360

PUC 2-2010, f. & cert. ef. 6-1-10; PUC 7-2011, f. & cert. ef. 9-30-11

Stat Auth: ORS 757.360 - 757.380

Stats. Implemented: ORS 757.360 - 757.380