PUB Updates AMP Solar Program’s Credit Rate

From Alameda Municipal Power: The city of Alameda's Public Utilities Board unanimously approved an updated credit rate for an Alameda Municipal Power (AMP) solar program on May 15. The Board’s decision means that AMP’s Eligible Renewable Generation (ERG) plan will offer a credit rate of $0.06447 per kWh in fiscal year 2018.

New renewable generation customers can sign up for the voluntary ERG plan, which went into effect in December 2016.

The fiscal year 2018 ERG credit rate was calculated using methods and formulas approved by the Board. The rate is the avoided cost of excess renewable energy from the previous calendar year’s actual data.
Please note: The ERG program will not impact customers who participate in the net energy metering (NEM) program. They will remain in the original program for 20 years from their interconnect date.

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