La Plata Electric Association - Renewable Generation Rebate Program

Last updated: June 05, 2019

Program Overview

Implementing Sector:Utility
Category:Financial Incentive
State:Colorado
Incentive Type:Rebate Program
Web Site:https://www.lpea.coop/rec-payment-tax-incentives
Administrator:La Plata Electric Association
Utilities:La Plata Electric Assn, Inc
Eligible Renewable/Other Technologies:Solar Photovoltaics, Wind (All), Wind (Small), Hydroelectric (Small)
Incentive Amount:PV 10 kW-DC or less: Upfront incentive of $16 per kW PV greater than 10 kW-DC: Performance-based incentive is paid every 6 months for 10 years, currently $1.oo per MWh Check LPEA website for future REC values. Contact LPEA for wind and hydro incentives
Maximum Incentive:Varies
Eligible System Size:0.5 kW minimum
Installation Requirements:Systems must be grid-tied
Ownership of Renewable Energy Credits:Renewable energy credits are granted to the utility for the first 10 years of operation

Incentives

Technologies:Solar Photovoltaics
Sectors:Residential
Parameters:The incentive is 16.00 $/kW, The system size has a minimum of 0.50 kW, The system size has a maximum of 10.00 kW
Technologies:Solar Photovoltaics
Sectors:Commercial, Industrial, Federal Government
Parameters:The system size has a minimum of 10.01 kW, The incentive is 1.00 $/MWh

Summary

La Plata Electric Association (LPEA) offers an incentive, not to exceed the cost of the system, to residential and small commercial customers who install a photovoltaic (PV), wind, or hydropower facility. To be eligible for the rebate, the system must be grid-tied and located in LPEA's service territory. Systems 10 kilowatts (kW) or less are eligible for an upfront incentive based on the nameplate capacity and other factors. Systems greater than 10 kW are eligible for a performance-based incentive.

Payments are made every 6 months for the first 10 years of operation.

Customers interested in installing wind or hydro systems should contact the utility to find out the rebate amount.

For the purposes of calculating the upfront incentive, the wattage of the system is determined as follows:

  • Solar – the total installed PV panel capacity
  • Solar with tracking – the total installed PV panel capacity times 1.25. This factor represents the additional energy output obtained by the use of a tracking device.
  • Wind – the nameplate capacity times 0.30. This factor represents the expected energy output given the wind resources of LPEA service territory. If 12 months of hourly, site specific anemometer data can be provided, this factor may be adjusted to represent the site’s wind resource.
  • Hydro – available head (in feet) times average annual flow rate (in cfs) times 84.64 (power conversion factor).

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