Posted by Eversheds Sutherland Coop Law
on Oct 7, 2015 in Corporate Governance
, Renewable Energy
| Comments Off on Colorado Coop Institutes New Charge for Solar Customers
The board of Colorado-based cooperative Intermountain Rural Electric Association (IREA) recently voted to institute a new charge on customers that rely on solar power during the day and IREA at night. The new charge, called a “Load Factor Adjustment” is meant to recover costs of service from IREA customers with solar panels that sell excess power to IREA by way of net metering. The...