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IN SB0430
Bill
AI Summary
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Eliminates the scheduled phase-out of net metering that would have partially ended the program by 2032 and completely ended it by 2047
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Removes the previous 1.5% cap on aggregate net metering facility nameplate capacity and increases the minimum to 3% of the electric utility's most recent summer peak load
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Reserves 30% of available net metering capacity for residential customers (reduced from the previous 40% reservation)
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Caps participation by customers using organic waste biomass facilities at no more than 5% of available capacity (reduced from 15%)
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Effective date of July 1, 2019, with required commission and utility tariff amendments by January 1, 2020
Legislative Description
Elimination of net metering phase out. Eliminates provisions under which net metering (an arrangement under which an electric utility's customer who has equipment for the production of electricity and who intermittently supplies electricity from that equipment to the electric utility is credited for the electricity that the customer supplies to the electric utility) would be partially ended by 2032 and completely ended by 2047. Eliminates a limit on the aggregate amount of an electric utility's net metering facility nameplate capacity that can be made available for customers' participation in net metering. Provides instead that the net metering facility nameplate capacity that an electric utility makes available for customers' participation in net metering must be at least 3% of the electric utility's most recent summer peak load. Provides that, of the net metering facility nameplate capacity made available for customers' participation in net metering, 30% must be reserved for participation by residential customers and not more than 5% must be reserved for participation by customers that install net metering facilities that use organic waste biomass.
Last Action
Senators Stoops and Alting added as coauthors
1/31/2019