capacity credit

Solar, will you marry me? (for a contract period of 20 years)

Just in time for Valentine’s Day, the Minnesota Department of Commerce (DOC) released an extensive proposal for a value of solar (VOS) methodology, as required by 2013 legislation. Under this new state energy law (HF 729), utilities will be able to apply with the public utility commission (PUC) to replace net metering with a contracted, 20-year VOS rate, compensating customers under a bill credit mechanism that proponents of the VOS rate claim will more accurately reflect the value of that solar generation to the utility.

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