Description
Florida Keys Electric Cooperative (FKEC) allows net metering for residential customers with photovoltaic (PV) systems up to 10 kilowatts (kW) in capacity. Net metering is accomplished using a single, bidirectional meter, or by a second meter supplied by the electric cooperative. Any net excess generation (NEG) created by a customer will be carried forward to the customer’s next monthly bill at the utility’s retail rate. If at the end of a 12-month period a customer has any NEG remaining, then the cooperative will pay the customer for the NEG at the cooperative’s retail rate.
Customers must sign an interconnection agreement with FKEC in order to net meter. Systems must comply with relevant IEEE and UL standards, and customers must provide proof of general liability insurance of no less than $100,000. An external disconnect switch is required. Net-metered customers must indemnify, defend and hold harmless FKEC from all losses resulting from the operation of the system.
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