IREC Gives Innovation Award for VOS Rate

More Recognition for the Value of Solar Rate!
At its 30th Birthday Celebration and Annual Meeting, the Interstate Renewable Energy Council, IREC, recognized Austin Energy, Tom Hoff, and me for work to create the Value of Solar Rate with one of its annual
IREC Innovation Awards!
Here is the award announcement:
State and Local Government category:  Austin Energy
Residential Solar Rate Structure
Lead Partner: Austin Energy
Project Partners:
Tom Hoff, Clean Power Research; Karl Rabago, Rabago Energy

A Residential Solar Rate designed by Austin Energy and approved by Austin City Council on June 7, 2012, will be available for all past, present and future residential solar customers beginning October 1, 2012.  Under this new tariff, residential customers will be credited for their solar generation based on the value of solar energy generated from distributed photovoltaic (PV) systems in the grid to the utility. This tariff replaces net billing and provides a larger annual cost savings to these customers than if they had net metering available. No other utility in the country has developed a solar rate that acknowledges the value distributed solar brings to the utility.

I am also pleased to report that I have been elected to the
Board of Directors for IREC.