The customer shall be subject to the following provisions for service under this policy:
A. For all kWh delivered by the city the customer shall pay the normal city rate for customer service, as if the customer had not installed a renewable resource.
B. The city shall credit the customer's bill for kWhs only that exceeds the customer's on site consumption of kWh in the billing period following the billing period of excess production at four cents ($0.04) per kWh.
C. On June 1 of each calendar year any remaining unused credit accumulated for a period of greater than thirty (30) days of historical monthly usage, shall be relinquished by the customer with no compensation by the city to the customer.
D. If a home with a renewable resource is sold, any remaining credits will be applied to the electrical billing for kWh consumption with any remaining unused credits above the total billing relinquished to the city.
E. Net metering credit shall only be applied to offset part or all of the customer's own electrical requirements at a single metering point exclusively. Net metering credit shall not be applied to multiple meters owned by a single customer at separate locations.
F. This agreement is between the electric customer and the city. Nothing in this policy allows for the purchase or sale of energy produced by the customer to or from a third party. Renewable resources on rental units are not eligible for net metering under this policy.
G. The city reserves the right to modify or amend this policy, the city's avoided cost rate, the displacement ratio, or the monthly service charge, upon reasonable advance notice to the customer (30 days). (Ord. 2013-08)