Energy (Wind)

This bill establishes a new program for community renewable energy systems, allowing multiple subscribers to share access to solar or wind energy projects through a shared subscription model. The Public Utilities Regulatory Authority must create rules by December 2026 that enable any electricity customer to subscribe to these systems while receiving lower electricity costs than standard service rates. Key provisions include a cap on renewable energy credits at 200% of a subscriber's typical annual usage and a host bank system to manage and monetize any excess energy not directly subscribed to. The program requires at least two subscribers per system and prohibits any single subscriber from owning more than 60% of the total subscriptions.