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IN SB0309
Bill
AI Summary
Senate Enrolled Act No. 309 - Summary
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Establishes a new Chapter 40 governing distributed generation, defining it as customer-owned electricity generators (up to 1 megawatt) located on customer premises and interconnected to the electricity supplier's facilities.
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Requires electricity suppliers to procure excess distributed generation from customers at a rate equal to the average marginal price of electricity multiplied by 1.25, with rates subject to commission approval and annual updates.
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Freezes net metering tariffs in effect on January 1, 2017 until the earlier of July 1, 2022, or when net metering capacity reaches 1.5% of the electricity supplier's summer peak load; existing net metering customers retain protections through 2032 or 2047 depending on installation date.
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Requires the commission to amend net metering regulations by January 1, 2018 to increase capacity limits to 1.5% of summer peak load and reserve 40% for residential customers and 15% for renewable energy facilities.
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Creates consumer protection requirements for distributed generation equipment providers, including written disclosure of expected electricity production, costs, tax credits, credit rates, insurance coverage, and installation/removal responsibilities.
Legislative Description
Distributed generation. Requires: (1) the utility regulatory commission (IURC) to post a summary of the results of the IURC's most recent periodic review of the basic rates and charges of an electricity supplier on the IURC's Internet web site; and (2) the electricity supplier subject to the review to provide a link on the electricity supplier's Internet web site to the IURC's posted summary. Amends the statute concerning alternate energy production, cogeneration, and small hydro facilities to: (1) include in the definition of a "private generation project" certain cogeneration facilities that: (A) are located on the same site as the
Last Action
Public Law 264
5/2/2017