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Value of Solar (VoS) Rate

Thursday, February 8, 2018  
Posted by: BOMA Austin

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).

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