On June 15, We Energies filed with the Wisconsin Public Service Commission for approval of two enhancements to its Energy For Tomorrow renewable energy program: an experimental buy-back rate for customer-sited solar PV systems and a bulk purchase rate for large business customers.
Under the three-year solar buy-back pilot, We Energies proposes to purchase the entire output of customer-sited PV systems sized between 1.5 kW and 100 kW at a rate of 22.5¢/kWh for 10 years, up to a total installed capacity of 500 kW. The solar output will be used to supply the Energy for Tomorrow program and solar system owners must be enrolled in the program to be eligible for the payments.
The utility also proposes to lower the cost of renewable energy for larger purchases made by nonresidential customers. Under the proposed tariff, customers who purchase more than 70,000 kWh of renewable energy per month would pay a premium of 1.5¢/kWh compared to the base premium of 2.04¢/kWh. The price is expected to drop further as part of the company's 2006 Rate Case filing.
News Article - We Energies Customers Set to Drive Renewable Energy Market
Additional Information - PSC Filing #35978 Enhancements to We Energies "Energy for Tomorrow" Green Pricing Program (PDF 216 KB)