Net Metering is available to all grid tied consumers within the utility's service area. Members installing renewable electric generation projects at their homes/businesses can meet some or all of their own energy needs. They can further reduce their own energy costs and add energy to Columbus Electric's electric distribution system through net-metering.
Net metering allows homeowners/businesses to receive the full value for the electricity that their renewable energy system produces. The term, net metering, refers to the method of accounting for the electricity production of a renewable energy system. Net metering allows homeowners/businesses with such systems to use any excess electricity they produce to offset their electric bill. As the homeowner's/business’s system produces electricity, the kilowatts are first used for any electric load in the home/business. If more electricity is produced from the system than is needed by the homeowner/business, the extra kilowatts are fed into the utility grid.
At the end of the month, if a member has generated more electricity than they used the utility will credit the customer for the excess kilowatt-hours generated at the utility's avoided cost. If the member uses more electricity than they generate, they pay for the difference at the established rate pursuant to 17.9.570 NMAC.
Customer Charge: An additional $5 will be added to the monthly customer charge set forth in the tariff under which the participating member is presently served.
Consumed kWh greater than Generated kWh
Energy Charge: The member will be charged the monthly rate on the net kWh consumed, including all applicable adjustments and taxes, set forth in the tariff under which the participating customer is presently served.
Generated kWh greater than Consumed kWh
Energy Charge: The member will be credited for the excess kilowatt-hours generated at the utility's avoided cost. The customer charge covers costs of providing electric service, including operation and maintenance of facilities, consumer accounting expenses and other administrative costs.
Purchased Power Cost Adjustment (PPCA)
The utility shall, if purchased power expense is increased or decreased above or below the base purchased power cost of $0.078510/kWh sold, flow through to the users such increases or decreases, in accordance with NMPRC Rule 17.9.550 NMAC. This is reflected on the bill as FUEL ADJ RATE.
Debt Cost Adjustment
Billings under this schedule shall be increased or decreased by the change in the current debt cost from the debt cost utilized in establishing the present rates, in accordance with NMPRC Rule No. 540.11. This is reflected on the bill as DSA RATE.