AN ACT RELATING TO PUBLIC UTILITIES AND CARRIERS -- NET METERING

Senate Bill 890 (SB 890) proposes to change how excess electricity generated by renewable energy systems is valued. Specifically, it would alter the credit for surplus renewable energy fed back into the grid from its current rate to a wholesale rate. This change directly affects individuals, businesses, and other entities that generate more renewable electricity than they use. The bill also updates definitions related to net metering, including "community remote net-metering systems" and various "eligible credit recipients" such as low- or moderate-income housing, educational institutions, and commercial customers.