Showing posts with label Value of Solar Tariff (VOST). Show all posts
Showing posts with label Value of Solar Tariff (VOST). Show all posts

December 22, 2016

The Minnesota Solar Experiment — Value of Solar: Part III

Editor’s Note: This is the third in a series of articles focusing on Minnesota’s solar market. Past articles can be accessed here.

In addition to Solar Gardens initiative, Minnesota’s Value of Solar Tariff (VOST) initiative was seen as the first large-scale stage for the new calculation methodology originally pioneered by Austin Energy. The VOST method adds up multiple value streams for distributed solar, such as energy, capacity, and environmental benefits, to create a single purchasing rate that separates a solar customer’s consumption from their generation. Once the calculation methodology was developed, Minnesota investor-owned utilities (IOU) could use it to replace net metering, at their option.