AR HB1004

Expands net-metering facility definition to include residential use up to 25 kilowatts (kW) or 100% of highest monthly usage in previous 12 months, whichever is greater, and non-residential use up to 300 kW.

Requires electric utilities to recover their entire cost of providing service to net-metering customers, including quantifiable additional costs and accounting for quantifiable benefits from interconnection.

Net excess generation credits no longer expire and carry forward indefinitely, with customers able to elect utility purchase of credits older than 24 months at avoided cost rate if payment is at least $100.

Mandates utility purchase of remaining net excess generation credits at avoided cost rate for wholesale energy when customer ceases utility service, stops operating the facility, or transfers it to another person.

Allows utilities to separately meter multiple net-metering facilities under common ownership but permits customers to apply credits from one facility to other meter locations under common ownership at their discretion.