MCE News— August 1, 2019
MCE is issuing cash outs totaling over $1.3 million to rooftop solar customers when they have produced more electricity than they used themselves. MCE’s Net Energy Metering (NEM) program currently provides incentives for rooftop solar customers, including paying premium rates that compensate solar customers at the full retail rate plus an extra penny per kilowatt-hour for excess electricity generated.
MCE’s NEM program is an example of MCE’s mission in action: supporting in-service area renewables, reducing carbon, lowering energy costs through self-generation, and incentivizing local rooftop solar through the annual cash-out process, which is another channel for community reinvestment.
Customers also have the option to transfer their credits to MCE programs that serve disadvantaged communities, like the MCE Solar Rebate Program. Since launching the program in 2013, MCE has allocated $535,000 in income-qualified solar rebates through a partnership with GRID Alternatives’ Energy for All Program, which reduces household electricity costs by up to 90 percent by providing no-cost solar systems to homeowners who qualify as low income.