Customers

Solar Price Plan

The interconnection agreements are currently being revised. Please contact Michael Vann, Engineering Supervisor at 863-834-6311 or Michael.Vann@lakelandelectric.com

Lakeland Electric customers who choose to install photovoltaic (PV) solar panels on their home after January 1st, 2016, will be assigned to a new price plan (also known as a “rate”), called the Residential Peak Demand (RPD) price plan.

 

This price plan, which is also available by choice to all residential customers, allows PV solar customers to pay for their intermittent use of the utility’s electrical grid rather than having that cost shifted to non-PV solar customers.

 

Customers who generate electricity with PV solar panels still use LE generated power during the nighttime and on cloudy days. Under their current LE price plan (net metering), these customers receive credits that do not cover the costs of LE delivering power to their homes when solar power is not sufficient to keep their home energized.

 

Under the current price plan, these delivery costs, instead of being factored into their own bills, are absorbed by their neighbors and the other non-solar customers. This is a subsidy that will become even more lopsided as other customers install solar under the current net metering plan.       

 

The RPD price plan is a combination of two things:


1) A demand charge ($5.60 per kilowatt - kW) that is only applied during a defined peak period
2) A lower energy rate (2.232¢ per kilowatt hour - kWh)


In comparison to the RPD price plan, the LE Standard price plan charges an energy rate between 5 to 6 cents per kilowatt-hour used with no peak period demand charge.

 

Customers on the new RPD price plan will benefit by decreasing their household demand during short periods of time, meanwhile enjoying the much lower energy rate at all times. The demand charge is determined by the customer’s highest usage during the peak hours within one payment period.

 

The residential peak period for the RPD price plan occurs on weekdays only and accounts for just 15% of the entire year. Six holidays are also Off-Peak when they occur Monday through Friday (see schedule below for exact hours). This differs greatly from commercial customer’s standard demand price plan which is in effect 100% of the time.

 

The On-Peak hours are as follows (see image below as well):

Winter (Nov 1 – March 31):

                Monday – Friday 6:01 am – 10:00 am

                Exceptions for holidays: Thanksgiving Day, Christmas Day, New Year’s Day

Summer (Apr 1 – Oct 31):

                Monday – Friday 2:01 pm – 8:00 pm

                Exceptions for holidays: Memorial Day, Independence Day, Labor Day

   

 

 

The RPD price plan creates an incentive for customers to smooth out their energy consumption, or load. The customer can do this through efficiency practices, like not running multiple appliances at one time, avoiding using appliances during peak periods, etc. Other money-saving technologies, such as battery storage and load controllers, are available as well.

These incentives create both short- and long-term benefits— potential monthly bill savings in the short-term and the deferral or elimination of new infrastructure investments (i.e. new power plant) to meet growing peak demand and stabilizing rates over the long-term.

Existing customers with PV solar are encouraged to contact LE to discuss their options. Customers considering installing PV solar to their home and non-solar residential customers who would like to learn more about the RPD price plan should also contact LE by calling 863-834-6564 or e-mailing faye.hemingway@lakelandelectric.com.

Frequently Asked Questions

 

What is happening on January 1, 2016 for customers who choose to install PV solar panels on their home?

Lakeland Electric customers who choose to install photovoltaic (PV) solar panels on their home after January 1st, 2016, will be assigned to a new price plan (also known as a “rate”), called the Residential Peak Demand (RPD) price plan.

 

What is the RPD price plan?

The RPD price plan is a combination of two things: 


1) A demand charge ($5.60 per kilowatt - kW) that is only applied during a defined peak period and 

2) A lower energy rate (2.232¢ per kilowatt hour - kWh). In comparison to the RPD price plan, the LE Standard price plan charges an energy rate between 5 to 6 cents per kilowatt-hour used with no peak period demand charge.

 

In comparison to the RPD price plan, the LE Standard price plan charges an energy rate between 5 to 6 cents per kilowatt-hour used with no peak period demand charge.


Why is the RPD price plan being implemented?

Customers who generate electricity with PV solar panels still use LE generated power during the nighttime and on cloudy days. Under their current LE price plan (net metering), these customers receive credits that do not cover the costs of LE delivering power to their homes when solar power is not sufficient to keep their home energized.

 

Under the current price plan, these delivery costs, instead of being factored into their own bills, are absorbed by their neighbors and the other non-solar customers. This is a subsidy that will become even more lopsided as other customers install solar under the current net metering plan.       

 

This price plan, which is also available by choice to all residential customers, allows PV solar customers to pay for their intermittent use of the utility’s electrical grid rather than having that cost shifted to non-PV solar customers.

 

What about LE customers who already have PV solar panels on their homes?

The 73 existing Lakeland Electric customers with PV solar may maintain service under the current pricing plan until January, 2026 or they can choose to move over to the new RPD price plan immediately. These existing customers with PV solar are encouraged to contact LE to discuss their options by calling 863-834-9535 or e-mailing customersevice@lakelandelectric.com.

 

What if I install PV solar panels on my home before January 1, 2016

If you have a install PV solar panels on your home prior to January 1, 2016, you may maintain service under the current pricing plan until January, 2026 or you can choose to move over to the new RPD price plan immediately. You are encouraged to contact LE to discuss your options by calling 863-834-9535 or e-mailing customersevice@lakelandelectric.com.

 

Who is eligible to sign up for the RPD price plan?

All residential customers are eligible to sign up for the RPD price plan.

 

When is the “peak period” for the RPD price plan?

The residential peak period for the RPD price plan occurs on weekdays only and accounts for a mere 15% of the entire year. Six holidays are also Off-Peak when they occur Monday through Friday (see schedule below for exact hours). This differs greatly from commercial customer’s standard demand price plan which is in effect 100% of the time.    

 

The On-Peak hours are as follows (see image below as well):

Winter (Nov 1 – March 31):

                Monday – Friday 6:01 am – 10:00 am

                Exceptions for holidays: Thanksgiving Day, Christmas Day, New Year’s Day

Summer (Apr 1 – Oct 31):

Monday – Friday 2:01 pm – 8:00 pm

                Exceptions for holidays: Memorial Day, Independence Day, Labor Day

   

 

Why is the RPD price plan a good thing?

The RPD price plan creates an incentive for customers to smooth out their load. The customer can do this through efficiency practices, like not running multiple appliances at one time, avoiding using appliances during peak periods, etc. Other money-saving technologies, such as battery storage and load controllers, are available as well.

 

These incentives create both short- and long-term benefits— potential monthly bill savings in the short-term (through reduced demand charges) and the deferral or elimination of new infrastructure investments (i.e. new power plant) to meet growing peak demand and stabilizing rates over the long-term.

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