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AR HB1047
Bill
Status
1/3/2023
Primary Sponsor
Stephen Meeks
Click for details
AI Summary
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Electric utilities must compensate residential net-metering customers at the retail rate on a kilowatt-to-kilowatt basis for net excess generation.
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Residential net-metering customers may cash out excess generation at the wholesale rate, limited to one time every six months.
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Customers may elect to receive cash-out payments either as a bill credit or as a direct payment.
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Municipal utilities must follow the same net-metering compensation procedures established for regulated electric utilities under Arkansas Code § 23-18-604(b)(11).
Legislative Description
To Amend The Arkansas Renewable Energy Development Act Of 2001; And To Provide Requirements For Paying A Residential Net-metering Customer For Net Excess Generation.
Last Action
WITHDRAWN BY AUTHOR
3/15/2023