Sec. 98-75. - Net metering policy and procedures.
(a) Renewable energy defined: For purposes of this chapter, renewable energy shall be herein defined as energy generated from wind, photovoltaic, or solar generation. Such generation shall be developed by consumers under the provisions of applicable codes and regulations affecting such development.
(b) Purchase agreement required: No energy shall be purchased from consumers without the completion of an energy purchase agreement between the city and the consumer.
(c) Connection and meter: In order for the city to purchase surplus renewable energy from a consumer, the consumer shall pay for the cost of a connection and metering to the City of Siloam Springs electric system. The connection and meter shall meet the conditions set by the most current National Electrical Code and the Siloam Springs Electric Department for safety, reliability, and accuracy. All power delivered to the consumer who has such an agreement will be delivered through existing service lines and metering apparatus at rates applicable to the customer class.
(d) Purchase of customer-generated renewable energy: The city will read the meter of the consumer each month for power fed into the city electric system. A credit will be recorded for the amount of energy delivered to the city. At the city's discretion, a check will be issued to the consumer, or a credit applied to the customer's current bill, for the amount of energy delivered to the city. Credit shall be made on a monthly basis. The rate paid for the service will be based on the average cost of energy purchased by the city in the most recent calendar year. Average cost will be the cost of energy divided by the kilowatt hours of energy delivered as determined by power bills delivered to the city by its power supplier.
(e) Removal from system: The city reserves the right to remove any customer-owned generation source from the system without advance notice in the interest of safety, for the purpose of repair or testing, or as otherwise required to prevent damage and protect the integrity of the city's electrical distribution infrastructure.
(f) Implementation: The city administrator is authorized to adopt policies consistent with the terms of this ordinance in order to implement the purposes stated herein.
All electrical work will need to have a permit pulled. The standard electrical standards (NESC & City Codes) and inspections will apply. Before the final rate will kick in, the resident will need to sign the net metering agreement.