An Act To Reform Net Energy Billing By Establishing Limitations On The Programs' Duration And Compensation

LD 1321 reformulates Maine's net energy billing program for solar and renewable energy systems. It limits new residential and small commercial systems to 20 kilowatts after November 2025 (with limited exemptions), caps shared ownership to 10 customers per project, and restricts individuals to owning no more than 5 systems. The bill sets a hard end date of December 31, 2045, or 20 years from a system's agreement date, whichever comes first. It also requires that renewable energy credits generated must be sold within Maine and adjusts compensation rates based on historical utility rates with annual 2.25% increases. This directly affects residential and small commercial customers with solar installations participating in net energy billing.