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IN HB1624
Bill
Status
1/23/2017
Primary Sponsor
Mike Speedy
Click for details
AI Summary
House Bill 1624 Summary
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Authorizes counties, municipalities, school corporations, and state educational institutions to enter into power purchase agreements with third-party providers for solar energy facilities up to 1 megawatt in nameplate capacity.
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Requires investor-owned electric utilities to offer virtual net metering to eligible government customers by January 1, 2018, allowing them to offset electricity consumption across up to five affiliated beneficial accounts.
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Establishes virtual net metering billing procedures where customers are credited for excess electricity generated at the same rate they would pay for consumption, with credits rolling over indefinitely until the customer exits the program.
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Clarifies that third-party solar providers do not qualify as electricity suppliers under Indiana law solely by entering into power purchase agreements with eligible customers.
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Directs the Indiana Utility Regulatory Commission to adopt rules implementing the power purchase agreement and virtual net metering provisions by January 1, 2018, and to increase the net metering capacity limit from 1% to at least 2% of utilities' summer peak loads.
Legislative Description
Solar power for government electric customers. Defines an eligible customer of an electricity supplier as a: (1) county; (2) municipality; (3) school corporation; or (4) state educational institution; that is a customer in good standing. Defines an eligible facility as equipment that: (1) is used to produce electricity from solar energy or photovoltaic cells and panels; (2) either: (A) is owned, operated, leased, or being acquired by an eligible customer; or (B) is used by a third party provider to provide electricity to an eligible customer; under a power purchase agreement; (3) is located in the same assigned electric service
Last Action
Representative Friend added as coauthor
1/26/2017