ST. THOMAS — The Virgin Islands Water and Power Authority advises the public that it will no longer accept new applications for net metering in the St. Thomas – St. John district since the allowable capacity has been reached.<\/p>\n
Net metering is a billing mechanism that credits solar energy system owners for the electricity they add to the grid. For example, if a residential customer has a PV system on the home’s rooftop, it may generate more electricity than the home uses during daylight hours.<\/p>\n
The program in the territory is authorized by Act 7075, which was signed into law on July 3, 2009. It provides customers with a credit for the full retail value of the electricity their solar system generates. The law establishes the capacity for net metering in the St. Thomas \u2013 St. John district at 10 megawatts.<\/p>\n
WAPA Executive Director Julio Rhymer advised Department of Planning and Natural Resources Commissioner Dawn Henry on June 23 that the St. Thomas-St. John district has reached the authorized capacity of 10 megawatts through net metering.<\/p>\n
\u201cAccordingly, no further net metering interconnection will be accepted for the authority\u2019s grid on St. Thomas,\u201d Mr. Rhymer wrote.<\/p>\n
There is a total of 961 net metering customers in the St. Thomas-St. John district, according to WAPA.<\/p>\n","protected":false},"excerpt":{"rendered":"
ST. THOMAS — The Virgin Islands Water and Power Authority advises the public that it will no longer accept new applications for net metering in the St. Thomas – St. John district since the allowable capacity has been reached. Net metering is a billing mechanism that credits solar energy system owners for the electricity they […]<\/p>\n","protected":false},"author":3,"featured_media":54102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[628,191,147],"tags":[7116,121],"yoast_head":"\n