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Eversource Energy (d/b/a) — Eversource Energy — Year 9/10 Small ZREC Tariff Informational Webinar (January 2021)
92 slides from Eversource Energy (d/b/a)'s conference presentation, Jan 29, 2021
Slide 1: Year 9/10 Small ZREC Tariff Informational Webinar
Year 9/10 Small ZREC Tariff Informational Webinar January 29, 2021
Slide 2: Program Overview
Program Overview Christie Prescott, UI Laura Perbeck, Eversource 2
Slide 3: Presentation Questions
Presentation Questions • During presentation: Please submit questions via GoToWebinar o If they are generic, we will do our best to answer during the webinar o If they are project-specific, please use the email addresses below • If questions come up after the webinar: o Submit questions via email to
Slide 4: Small ZREC Tariff is the Controlling Document
Small ZREC Tariff is the Controlling Document In the event of any inconsistency between the provisions of the Small ZREC Tariff or any part this presentation, the provisions of the Small ZREC Tariff are controlling. Applicants should review the Small ZREC Tariff and all associated documents, includi
Slide 5: Procurement Process
Procurement Process • Competitive Solicitation (RFP) – Year 9 (Complete) Project Type Size Annual Budget (both REC Price Cap companies combined) Large ZRECs ≥250 kW to 1,000 kW Approximately $1.33 M Max = $126/REC Medium ZRECs >100 kW < 250 kW Approximately $1.33 M Max = $126/REC LRECs Up to 2,000 k
Slide 6: Procurement Process Continued
Procurement Process Continued • Pursuant to Public Act 17-144, the overall LREC/ZREC budget consists only of ZREC statutory budgets ($6.4M for Eversource, $1.6M for UI) plus any applicable funds from terminated ZREC projects or ZREC projects that resulted in MAQ adjustments. Thus, the budget was div
Slide 7: Small ZREC Eligibility
Small ZREC Eligibility • If Billing Account/Site has/had an active contract as of 12/12/16 for a project that is not yet in-service, additional applications may not be submitted until that project goes in-service • Section 6(f) of Public Act 16-212 – “SHREC Program” o Any solar project located on a
Slide 8: Year 7 Small ZREC Review
Year 7 Small ZREC Review • Year 7 Small ZREC application window closed when Year 9/10 Small ZREC Rider and proposed year 9/10 Small ZREC price was submitted to PURA o Eversource: December 10, 2020 & UI: December 4, 2020 • Projects not selected in the Year 7 Small ZREC program will need to reapply if
Slide 9: Year 9 RFP and Small ZREC Current Status
Year 9 RFP and Small ZREC Current Status • UI: Year 9 RFP completed, approved by PURA on 1/22/21 • Eversource: Year 9 RFP completed, approved by PURA on 1/22/21 • Small ZREC prices have been filed with PURA (Weighted Average Medium ZREC price plus 10%) o Proposed UI Rate = $96.97/REC (pending PURA a
Slide 10: Key Program Documents
Key Program Documents • PURA’s April 4, 2012 Decision in Docket 11-12-06 • Solicitation Plan for LRECs and ZRECs • Public Act 16-212 (Section 6(f)) • Small ZREC Tariff* • Form of Service Agreement* • Terms & Conditions* *Specific to each Company 10
Slide 11: Key Program Documents (Continued)
Key Program Documents (Continued) • Rules and Process for Submitting Applications for Small ZREC Tariff • Question and Answer Document (updated periodically) • For UI: Guidelines and Instructions to fill out Application for Small ZREC Tariff o Please note process changes for UI: 1. A single PDF file
Slide 12: Year 9/10 Small ZREC Budget
Year 9/10 Small ZREC Budget In accordance with PURA’s December 14, 2020 Notice of Changes to Year 9 and Year 10 Small ZREC Program in Dkt. 19-06-36, the year 9 and year 10 small ZREC budgets will be combined Project Type Size Annual Budget REC Price Cap (both companies) Small ZREC Up to 100 Approx.
Slide 13: Sample Calculation for an Eversource Customer
Sample Calculation for an Eversource Customer • Example – 50 kW (AC) Solar Project for an Eversource Customer • Maximum Annual Quantity= o 50 kW (AC) * 8760 Hours * 16.9% Cap Factor * 1.05 / 1000 = 78 RECs • Maximum Annual Payments = o $93.18/REC * 78 RECs/year ~ $7,268 • Maximum Total Payments over
Slide 14: Instructions for Application Submission and Contract Execution/Management
Instructions for Application Submission and Contract Execution/Management Laura Perbeck, Eversource Aaron Dubauskas, Eversource 14
Slide 15: Step 1: How to apply for the Small ZREC Tariff Program
Step 1 How to apply for the Small ZREC Tariff Program 15
Slide 16: Key Changes Applicable to Small ZREC Tariff
Key Changes Applicable to Small ZREC Tariff • Pursuant to Public Act 16-212, projects that meet the Connecticut Green Bank criteria as a residential dwelling are not eligible for the LREC/ZREC program • Terminated projects are allowed to re-apply under certain circumstances • Participation in Forwar
Slide 17: Residential Applicants
Residential Applicants • PA 16-212 amended Section 2(f) of Public Act 15-194 as follows: “Any solar project located on a property that contains or will contain any residence of a customer of an electric distribution company that is determined to meet the Connecticut Green Bank criteria as a resident
Slide 18: Residential Applicants
Residential Applicants • Projects that are or will be Residential (Eversource rates 1, 5, 7, UI rates R, RT) must first apply to the CT Green Bank o Only projects that are determined to not meet the Green Bank’s criteria as a residential dwelling will be allowed to participate in the LREC/ZREC progr
Slide 19: Residential Applicants
Residential Applicants • CT Green Bank’s Residential Dwelling Criteria: o One to four family owner-occupied primary residence homes in United Illuminating (UI) or Eversource service territories. A primary residence is defined as the residence in which the owner resides for 183 days in a given calend
Slide 20: CT Green Bank Incentive Application Denied Letter
CT Green Bank “Incentive Application Denied” Letter • Must state that the reason for disqualification from RSIP program is because the project does not meet the residential dwelling criteria o Other disqualifying reasons will not suffice pursuant to the statutory language • Eversource: This document
Slide 21: Sample Connecticut Green Bank denial letter
CONNECTICUT GREEN BANK 845 Brook St. Rocky Hill, CT 06067 T: 860.563.0015 F: 860.563.4877 www.ctgreenbank.com Via Email {Date} {Name} {Address} {Installer Company Name} {Installer Address} Dear {Name} and {Installer Company Name}, The Residential Solar Incentive Application (RSIP) for the installati
Slide 22: Terminated Projects Re-Applying
Terminated Projects Re-Applying • See Section 3.3 of the Rules and Process for Submitting Applications for Small ZREC Tariff document for further guidance • If there is an existing LREC/ZREC Agreement that was in effect within 12 months prior to the submission of an additional Bid/Application, the a
Slide 23: Participation in Forward Capacity Market
Participation in Forward Capacity Market • The Companies’ bid portals now include a question regarding planned participation in the Forward Capacity Market (“FCM”) • Applicants must indicate whether they intend for submitted project to participate in ISO New England, Inc.’s Forward Capacity Market (
Slide 24: Procedural Changes due to COVID-19
Procedural Changes due to COVID-19 • The Companies will accept executed Service Agreements via email only • The Companies will accept Performance Assurance via ACH or Wire only 24
Slide 25: Two 6-Month Extensions to Automatic Termination Date Now Available
Two 6-Month Extensions to Automatic Termination Date Now Available • Section 13.3.3(b) o If you do not expect to achieve commercial operation within 12 months of the selected DTSD, you have the option to request a 6-month extension to the automatic termination provision o If you receive the first 6-
Slide 26: 6-Month Extension Guidance
6-Month Extension Guidance Delivery Term Automatic 1st 6-month Extension Request 2nd 6-month Extension Request and Start Date Termination and Additional Performance Additional Performance Assurance (Section 2.2) Date Assurance Due By 5pm on*: Due By 5pm on*: 10/01/2019 10/01/2020 Wednesday, Septembe
Slide 27: Application Process
Application Process • Complete & Submit Application Form Online o For Eversource: www.eversource.com → Save Money & Energy → Renewable Energy Credits → Small ZRECs o For UI: www.uinet.com → Suppliers and Partners (lower portion of the webpage)→ Power Procurement → Small ZREC Program • Certifications
Slide 28: Application Certification Form
Application Certification Form • Required for both companies, otherwise Application will be disqualified • 4 Page Certification Form o Page 1: Instructions o Page 2: Applicant’s signature – Applicant is defined as the individual or business submitting the Application o Page 3: Service Agreement Coun
Slide 29: Applications – Eversource
Applications – Eversource • Application is filled out online • Contains information needed for: o Submission verification o Completion of Service Agreement • Check and/or banking information is for payment for RECs under the Agreement only • Additional form(s) (i.e. Certifications, Affidavits, “Ince
Slide 30: Applications - UI
Applications - UI • Online Application Form (link on UI’s Small ZREC web page) • Additional form(s) must be uploaded as a single PDF file: o Application Certification Form (REQUIRED) • Includes site owner affidavit (REQUIRED) • Now requires listing site address on site owner’s affidavit and customer
Slide 31: Selection Process
Selection Process • First come, first served o Based on date/time of application submission o 2 week window: all applications receive same date/time stamp o Random selection with OCC if oversubscribed during 2 week window if applicable • Standby queue o If funding becomes available it will be alloca
Slide 32: Step 2: How to Proceed if Your Application is Selected
Step 2 How to Proceed if Your Application is Selected 32
Slide 33: If Selected
If Selected • Step 1a: Execute Service Agreement o Utility will send you a Service Agreement via email o Must return signed copy via email by the due date, with Delivery Term Start Date selected, or application is disqualified • Step 1b: Provide Performance Assurance o Performance Assurance due at t
Slide 34: Sample Performance Assurance Calculation
Sample Performance Assurance Calculation • Example Calculation Performance Assurance (PA) o Using 50 kW example from slide 13 • Small ZREC Performance Assurance = 5% of Max Annual Payment • Maximum Annual Payment * 5% = PA • $7,268.04 * 5% = $363.40 34
Slide 35: Performance Assurance
Performance Assurance • Both companies have detailed instructions for how to successfully provide Performance Assurance posted on their websites • Acceptable forms of Performance Assurance o Due to COVID-19, the Companies will accept Performance Assurance via ACH or Wire only o Cash in the form of a
Slide 36: Step 3: Post-Execution Obligations
Step 3 Post-Execution Obligations: How to get from a Service Agreement to Commercial Operation 36
Slide 37: Prerequisites for REC Purchase
Prerequisites for REC Purchase (Also refer to Article 4 of Service Agreement) • Complete and Sign the Certification Statement for REC Delivery Acceptance (includes items listed below) o In service no later than 1 year after selected Delivery Term Start Date (10/1/19, 1/1/20, 4/1/20, 7/1/20) o Interc
Slide 38: CT Class I Qualification Approval from PURA
CT Class I Qualification Approval from PURA • Section 5.1.5 of the T’s&C’s = it is the Seller’s sole obligation to obtain CT PURA Class I Qualification o CT PURA rules require you submit a separate application to PURA for CT Class I Qualification after your project receives a final approval to energ
Slide 39: NEPOOL General Information System (GIS)
NEPOOL General Information System (GIS) • Must set up GIS account or outsource GIS set up and maintenance • NEPOOL GIS Designates respective Buyer as the Third Party Meter Reader • Initiate Forward Certificate Transfer (FCT) of RECs o Must initiate for the full 15-year term of the Agreement based on
Slide 40: Prerequisites for REC Purchase
Prerequisites for REC Purchase • Warning – If seller does not complete these steps: o Loss of revenue o Contract may be terminated 40
Slide 41: Project Size – ≤100 kW
Project Size – ≤100 kW • Pursuant to Section 3.3.1 of the Terms and Conditions: o Any increase that results in a Facility size behind the REC Meter that exceeds the maximum limits for a small ZREC project allowable under the Small Class I Zero Emission Project Tariff shall result in immediate and au
Slide 42: Step 4: Service Agreement Administration
Step 4 Service Agreement Administration: The 15 year Delivery Term 42
Slide 43: Service Agreement Administration
Service Agreement Administration • 15 year Agreement o Same rate, annual payments vary based on number of RECs delivered • Companies will upload REC Meter Data • NEPOOL GIS REC transfers constitute delivery o Forward Certificate Transfer • Quarterly payments from Company to Seller on or before the l
Slide 44: NEPOOL GIS
NEPOOL GIS RECs Created Seller Utility Meter Reading Seller’s Account $ RECs via FCT Utility Utility’s LREC/ZREC Settlement & Account Verification 44
Slide 45: NEPOOL GIS Transfer Schedule
NEPOOL GIS Transfer Schedule • Transfer of RECs in GIS o From Seller’s account to the Utility’s LREC/ZREC account • Schedule of REC production, transfer and payment Energy Generation REC Meter Read RECs Created Payment Date Quarter Upload Deadline Date (assuming RECs have (Meter Data Uploaded been t
Slide 46: Other Agreement Provisions
Other Agreement Provisions • Assignment of the Agreement in accordance with Agreement Provisions is permitted o Please refer to Article 11 • Requires Notice to Buyer • Buyer has 30 days to review and approve/reject o Note: Forms change often, please always use forms available on our Websites • Exces
Slide 47: Eversource REC Meter Reads
Eversource REC Meter Reads • For Eversource customers, you may now register to view your REC meter reads online o If you would like to request to view REC meter reads for a given project, please return the completed Request to View REC Meter Reads form to lrec.zrec@eversource.com. o To view REC mete
Slide 48: Eversource REC Meter Reads
Eversource REC Meter Reads Click this arrow to view monthly reads 48
Slide 49: Contact Email and Websites
Contact Email and Websites o Please submit questions or requests to be added to our distribution lists: o Eversource = LREC.ZREC@eversource.com o UI = lrec.zrec@uinet.com o Please visit LREC/ZREC Websites at: o Eversource: www.eversource.com → Save Money & Energy → Renewable Energy Credits → Small Z
Slide 50: Small ZREC webpage guide
Click here to access Small ZREC page – at bottom of page you will see this: Look here for important documents including our Click here to Submit a Small ZREC Q&A Application 50
Slide 51: UI Small ZREC Program
UI Small ZREC Program Click here to Submit a Small ZREC Application 51
Slide 52: Distributed Energy Resources Interconnection Process
Distributed Energy Resources Interconnection Process James Cerkanowicz, Eversource 52
Slide 53: Overview
Overview • Eversource & UI follow the same process & technical guidelines with slight differences in implementation • Standard Guidelines & Agreements are approved by the Public Utility Regulatory Authority (PURA) o Purpose of Guidelines and Standards • To safely and reliably interconnect distribute
Slide 54: Interconnection Documents
Interconnection Documents 54
Slide 55: Applications
EVERSSURCE Applications EVERS=URCE © PowerClerk Welcome, James Cerkanowicz | Log Out HOME — PROGRAM DESIGN ~ MIN ~ SETTINGS ~ SUPPORT CENTER a Interconnection Application Saved ¥ Customer Information Applicant Contractor/Installer > Information Type of Installation * @ @ New DG system with existing
Slide 56: Applications
An AVANGRID Company Applications Ul INTERCONNECTION APPLICATION Interconnection Customer (EDC Customer of ATEACHMEME ATTACHMENT I INTERCONNECTION REQUEST Customer of Record: Contact Person Faclity Address: ED Gay: State: Zig: ‘Telephone (Day): Evening): Fas E-Mail Address: Account Number: Meter Numb
Slide 57: Three Application Tracks
Three Application Tracks • Level 1/Simplified/Basic Process: Residential, single-phase, certified inverter based projects, < 20 kW • Level 2/Advanced/Fast Track Process: o Commercial projects and residential inverter based generation > 20 kW o All projects <= 2 MW that are not eligible for the simpl
Slide 58: Key Attributes
Key Attributes Process AC Initial Application Witness General Inter- Rating Technical Fee Test Liability Connection Screen Fee Insurance Agreement (Business Requirement Required? Days) Level 1 0-20 kw 15 $200 0 None No 1st Test Level 2 0-2 MW 15 $500 Cost $300,000 to Yes Based $2,000,000 Level 3 >2
Slide 59: Level 1 Process
Level 1 Process Submit Application Additional Items •Customer Signed Application, One line •Test Plan for battery operated inverters diagram, Site Plan, Inverter Data sheet (UI •Inspector Approval only), $200 Application Fee •Witness test (if required) •Install Net Meter (if applicable) APPLICATION
Slide 60: Level 2 - Fast Track Process
Level 2 - Fast Track Process Submit Application – Customer Signed Additional Deliverables – Executed Application, One Line diagram, Site Interconnection Agreement, Test Plan, Plan, Proof of Insurance, Inverter Data Inspector’s Approval, Witness Test, Net sheet (UI only), $500 Application Fee Meter I
Slide 61: Level 2 Study and Level 3 Process
Level 2 Study and Level 3 Process Submit Application – Customer Additional Deliverables – Executed Signed Application, One Line diagram, Interconnection Agreement, Test Plan, Site Plan, Proof of Insurance, Inspector’s Approval, Witness Test, Net Generator Data Sheet, $1,000 Meter Installation Applic
Slide 62: Keys to a Successful Interconnection
Keys to a Successful Interconnection Typical for Behind the Meter Connections • Current & accurate customer account information • Submission of application fee • Return of customer signed application form • Line diagram that: o accurately depicts existing or proposed meter & service configuration o
Slide 63: Keys to a Successful Interconnection
Keys to a Successful Interconnection Typical for Large Scale Systems on New Service • All other items on previous slide, plus: • Utilize hosting capacity maps prior to submission • New service design that meets utility’s standards • Accurate depiction of proposed path for new service • Timely signat
Slide 64: Interconnection Documents needed for REC Program
Interconnection Documents needed for REC Program For Acceptance of REC Delivery Applications Behind New Service • Receipt of Application Email (required for new services only) For REC Delivery Acceptance of an Executed REC Contract • Fully executed Interconnection Agreement (signed by all parties) •
Slide 65: Additional resources and guidance for a successful interconnection
Additional resources and guidance for a successful interconnection Eversource DER website: www.eversource.com/content/ct-c/about/about-us/doing- business-with-us/builders- contractors/interconnections/connecticut-application-to- connect UI Distributed Generation website: www.uninet.com, under “Smart
Slide 66: Thank You !
Thank You ! James Cerkanowicz- Eversource DER Interconnections Team james.cerkanowicz@eversource.com 66
Slide 67: LREC/ZREC Metering Requirements
LREC/ZREC Metering Requirements Gregory M. Pivin, Eversource Christie Prescott, UI 67
Slide 68: Eversource REC Metering Topics of Discussion
Eversource REC Metering Topics of Discussion • Contact information • Approved REC meter table • Self-contained REC metering circuits • Instrument transformer rated rec metering circuits • Interval Recording Meters • REC validation form 68
Slide 69: Eversource REC Metering Information
Eversource REC Metering Information • REC metering info: MPREC Document is located on the Resources and Administration portion of Eversource LREC/ZREC Webpage • Questions: meterengineering@eversource.Com 69
Slide 70: Eversource Approved REC Meter Types
Eversource Approved REC Meter Types COMMUNICATIONS FORM METER TYPE CLASS TYPE GROUP A ERT meter w/ 2S, 12S, 16S 20/200/320 Monthly read ERT REGISTER READS 2S, 4S*, INTERVAL 5/35S*,9S*, 20/200/320 CELLULAR Interval Recording RECORDING is required for IT- 12S, 16S rated services Required, if there 5/2
Slide 71: Eversource Self Contained Single & Three Phase
Eversource Self Contained Single & Three Phase Circuit description and overview: • Single phase, 120 / 240 volt (form 2s, 3 wire, class 200 & 320, 4 terminal meter socket) • Three phase, 120 / 208 volts or 277 / 480 volts (form 16s, 4 wire wye, class 200 & 320, 7 terminal meter socket). • Contact Ev
Slide 72: Eversource Self Contained Single & Three Phase
Eversource Self Contained Single & Three Phase Wiring the Meter Socket From Utility 120/240v Utility PV Generation and the Utility Storage meters must 400a or less svc be wired Utility with Utility feed to the top of the Meter socket; Service Meter (Net/ Bidirectional) Solar panels/Inverter to the b
Slide 73: Eversource Instrument Rated Single & Three Phase
Eversource Instrument Rated Single & Three Phase Circuit description and overview: ▪ Single phase, 120 / 240 volt (form 4s, 3 wire, class 20) ▪ Three phase, 120 / 208 volts or 277 / 480 volts (form 9s, 4 wire wye) or (form 5s, 3 wire delta) ▪ Voltage transformers required for all 277 / 480 volt circ
Slide 74: Interval Recording Metering
Interval Recording Metering ▪ Customers are required to have interval recording meters underneath the following conditions ▪ (1) systems utilizing natural gas ▪ (2) systems that exceed 320 amps ▪ Circuit designs are defined by the output of the generation. ▪ REC meters are prefeed to be located at h
Slide 75: Eversource Validation Requirements
Eversource Validation Requirements ▪ AFTER THE REC METER IS INSTALLED AND THE SYSTEM IS ON-LINE AND GENERATING, THE PROJECT REP MUST SEND AN EMAIL TO meterengineering@eversource.Com ▪ The email subject header must include the following information related to the project: – Name – Address – Contract
Slide 76: THANK YOU !
THANK YOU ! 76
Slide 77: UI Metering Requirements
UI Metering Requirements • All installations must follow the “UI Guidebook of Requirements for Electric Service”. • All installations must follow the “Guidelines for Interconnection”. • Installations shall meet published requirements for accessibility and location. • Multiple provisions/cabinets may
Slide 78: UI Cost Responsibilities
UI Cost Responsibilities • UI will own, install, read and maintain all meters and metering transformers within its service territory. • Program participants, at their cost, will provide approved meter provisions and, if needed, instrument transformer cabinets. • Seller’s electrician is responsible f
Slide 79: UI Metering Information
UI Metering Information • LREC/ZREC meters will be located after any inverters and before any load • Power storage equipment (battery bank and charger) must be located between the generator and the inverter • Installations with power storage equipment will be net energy measured • Revenue meter data
Slide 80: Thank You
Thank You • Submit questions after the webinar to the Companies via email: o LREC.ZREC@eversource.com o LREC.ZREC@uinet.com • Key Documents: o Eversource Small ZREC Tariff o UI Small ZREC Tariff (coming soon) o Service Agreement and Terms and Conditions are available under “Key Documents” on Eversou
Slide 81: ATTENTION:
ATTENTION: • The following slides regarding Rates and Riders for Customers with Distributed Generation are included below for your information only, and will not be discussed during today’s presentation as the appropriate parties were not available to speak to them • All questions regarding Net Mete
Slide 82: Rates and Riders for Customers with Distributed Generation
Rates and Riders for Customers with Distributed Generation (Net Metering/Virtual Net Metering) 82
Slide 83: Electric Service Rates and Riders
Electric Service Rates and Riders • Electric distribution company customers hosting a distributed generation (DG) project receive electric service under an applicable general service rate and may be eligible for a number of rate options: o Net Energy Billing o Distributed Generation Rider o Virtual
Slide 84: Net Energy Billing ("Net Metering")
Net Energy Billing (“Net Metering”) • Two Net Energy Billing Riders o Qualifying Facilities and Non-Class I Renewable Resources o Class I Renewable Energy and Hydropower Resources o Customers with Class I renewable energy or hydropower resources • Up to 2,000 kW nameplate capacity • Billing based up
Slide 85: Net Energy Billing (continued)
Net Energy Billing (continued) o Customers with Class I renewable energy or hydropower resources (continued) Additional Details: o Annual Banking and Credits • Two annual banking periods: April to March and October to September (added in Docket No. 15-09-03) • At the end of each annual period (custo
Slide 86: Net Energy Billing (continued)
Net Energy Billing (continued) o Qualifying Facilities and Non-Class I Renewable Resources • Nameplate capacity of up to o 50 kW Qualifying Facilities o 500 kW Non-class I Renewable Resources • Billing based upon customer’s electric service tariff • Net energy billing performed and credit applied fo
Slide 87: Distributed Generation Riders
Distributed Generation Riders Electric DG Rider • Applicable to customers who receive electric service under a firm service rate that includes a distribution demand ratchet • Subject to enrollment and qualification requirements • Provides for waiver of the distribution demand ratchet • Applicable ra
Slide 88: Virtual Net Metering (VNM)
Virtual Net Metering (VNM) • VNM rider is available to Agricultural, Municipal and State of Connecticut customers • A number of changes to the program have occurred since inception o Final Decision under Docket No. 13-08-14 issued July 21, 2014 • Program specifications o Final Decision under Docket
Slide 89: Virtual Net Metering Program Features and Implementation
Virtual Net Metering Program Features and Implementation • Annual VNM Credits o The maximum, aggregated annual compensation to all customers under the VNM program is $2 million for UI and $8 million for Eversource o Additional allocation of $6 million ($1.2 UI, $4.8 Eversource) available for Municip
Slide 90: Virtual Net Metering Program Features and Implementation (Continued)
Virtual Net Metering Program Features and Implementation (Continued) • VNM Facilities up to 3 MW Class I (all) or Class III (Municipal & State) o Municipal or State Customer Hosts fully own, lease or be under L-T contractual arrangement for receipt of power from VNM facility o Agricultural Customer
Slide 91: Power Purchase Rates
Power Purchase Rates • Available to any self-generation facility not under long-term electric purchase agreement • Purchase of electricity delivered to EDC • Energy (kWh) only • Pricing based on ISO-NE CT Zone Real-Time LMP • Applicable rate schedules: o Eversource: Rate 980 o UI: Power purchased at
Slide 92: Questions?
Questions? For Rates, Net Metering, Virtual Net Metering Questions, please contact: • Eversource: james.mierzejewski@eversource.com • UI: mark.colca@uinet.com 92
Eversource Energy — Year 9/10 Small ZREC Tariff Informational Webinar (January 2021) on 6ix