DE SB298

Increases the threshold at which electric utilities may stop offering net metering services to new customers from 5% to 8% of the utility's average Delaware transmission peak demand over the preceding 3 years

Eliminates end-of-year reimbursement for excess electricity credits, requiring that unused Excess kWh Credits revert to the electric distribution company at the end of the annualized billing period rather than being paid out to customers

Redefines how monthly Excess kWh Credits are valued for commission-regulated utilities, excluding charges for "societal benefits programs" such as the Green Energy Fund, Low Income Fund, renewable energy portfolio standard compliance costs, and energy efficiency programs

Requires net metering rules and regulations to consider the reliability, safety, and capacity of the electric distribution system, and allows additional meters to be installed with customer consent for system monitoring

Caps metering costs for residential customers at $200 for any new, replacement, or modified meters installed for net-metering purposes, while non-residential customers must pay the full reasonable cost