Eastern Iowa REC has a net metering tariff available for small, appropriate-sized alternate energy projects and Cooperative members pursuing renewable energy projects can also apply for 5% loan funds for their project. Loans are limited to 25% of the entire project cost with a cap of $3,000.
AEP-3 Design capacity less than 20kW. Net metered. AEP-4 Design capacity larger than 20 kW. Not net metered.
What You Need to Know
EILP will not offer net metering with another discounted rate on the same account, for example an electric heat rate.
Should the member's AEP facility become inoperable and require repair, the member should notify EILP immediately.
Contact Don Roth, Eastern Iowa REC division manager of member service, for more information about renewable energy projects. Email us or call, toll-free, 1-800-728-1242.
Eastern Iowa REC members who have an interest in investing in solar energy have a new resource to aid in making an informed decision. The Iowa Energy Center has published the Home Series: Solar PV Energy Guide in collaboration with the Iowa Association of Electric Cooperatives, Alliant Energy, the Iowa Association of Municipal Utilities, and MidAmerican Energy with information from the Office of Consumer Advocate and the Iowa Utilities Board.
Click here to download a copy of the Solar Energy Guide. For a hard copy, contact Don Roth or call 800-728-1242.
Eastern Iowa REC members can also purchase energy generated from renewable resources. This program is made possible through a contract signed by the Cooperative’s wholesale power supplier, Central Iowa Power Cooperative (CIPCO), to purchase 2 MW of power from a wind farm in northern Iowa.
Wind energy provided under this program will be billed at your normal rate, plus a small additional charge ($2.50 per block) to cover the added cost of acquiring this renewable resource. We will sell wind generated electric energy in 100 kilowatt-hour (KWH) blocks.
To take part in the Eastern Iowa REC Renewable Energy Program contact the Cooperative by telephone, toll-free, 1-800-728-1242.
AEP-3
Any excess kWh's delivered to the electrical grid by the facility shall be converted to a cash value and credited to the member-consumer as a bill credit by the Cooperative at a rate equal to the Cooperative's avoided cost for that year as defined in the PURPA regulations.
$0.03399
Yes. Facility name plate capacity shall be limited to no more than 20 kW and shall be sized appropriately for the member's kW demand.
Yes
No. The meter will record kWh delivered to the member separately from those delivered to the Cooperative. All energy delivered to the Cooperative will be registered and credit will be issued for such energy on the billing statement.
AEP-4
