Relating to: net metering for rooftop solar energy systems.

SB 892 establishes rules for connecting rooftop solar energy systems to the electric grid. It sets capacity limits: residential systems cannot exceed 30 kilowatts, and commercial systems cannot exceed 500 kilowatts. The bill requires electric providers to offer net metering, crediting customers at 100% of the retail electricity rate for excess power sent to the grid, with credits expiring annually on March 31. If solar adoption in a provider’s area surpasses 10%, credits drop to 90% of the retail rate, though providers may offer more favorable terms. This directly affects homeowners and businesses installing rooftop solar.