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MS HB1423
Bill
Status
Failed
3/6/2012
Primary Sponsor
Toby Barker
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AI Summary
- Creates the "Mississippi Efficient and Renewable Energy Development Act" to establish net metering requirements for renewable energy facilities in Mississippi
- Requires electric utilities to allow net-metering facilities (solar, wind, hydroelectric, geothermal, or biomass) with capacity limits of 25 kW for residential or 1 MW for other uses to interconnect using bidirectional meters
- Directs the Public Service Commission to establish rates and terms for net-metering contracts, including crediting customers for accumulated net excess generation in the next billing period
- Specifies that any remaining net excess generation credits be first applied to the customer's next bill at retail rate, then purchased by the utility at avoided cost rate after one year
- Declares that renewable energy credits generated by net-metering customers are the property of the customer who generated them, effective July 1, 2012
Legislative Description
Mississippi Efficient and Renewable Energy Development Act; create.
Last Action
Died In Committee
3/6/2012
Full Bill Text
No bill text available