Net Energy Metering Existing and Remaining Capacity
This information is posted pursuant to NOVEC tariff NEM-10 — effective February 1, 2024.
NOVEC System Peak Calculation (Based on 2023 Data)
| NEM-10 Net System Peak: | 1,171 Megawatts |
Net Metering Capacity Limit Pursuant to Tariff NEM-10
| Cap | Percent (%) | Megawatts (MW) |
| Total Residential Capacity | 4.0% | 46.840 |
| Total Nonresidential Capacity | 1.0% | 11.710 |
| Total Nonjurisdictional & Nonprofit Capacity | 2.0% | 23.420 |
Current NEM Connected Load Installed (in MW of Connected Load)
| Capacity | Megawatts (MW) |
| Total Residential Capacity Installed | 23.440 |
| Total Nonresidential Capacity Installed | 3.298 |
| Total Nonjurisdictional & Nonprofit Capacity Installed | 1.779 |
Capacity Available for New Installations* (in MW of Available Capacity)
| Capacity | Megawatts (MW) |
| Total Residential Capacity Available | 23.400 |
| Total Nonresidential Capacity Available | 8.412 |
| Total Nonjurisdictional & Nonprofit Capacity Available | 21.641 |
*The financial conditions related to installing net metering equipment or entering into third-party net metering purchase power agreements could change over time. Variables include, but are not limited to, power market conditions, NOVEC rate level or rate structure changes, regulatory rule or statutory changes, and/or the contract terms of the net metering system or third-party power purchase agreements.
