A bill for an act relating to solar energy by establishing a shared solar net metering cooperative program.

This bill establishes a shared solar net metering cooperative program in Iowa, allowing utility customers to form small groups (max 10 members) to collectively subscribe to off-site solar projects. Subscribers receive bill credits proportional to their subscription size for electricity generated by solar panels owned by the cooperative, which must be located within 30 miles of members and connected to a single utility. The program specifically prohibits out-of-state members and requires cooperatives to use ground-mounted or roof-mounted solar panels. It clarifies that these cooperatives are not considered public utilities and that their electricity distribution does not violate utility facility regulations.