The bill titled "An Act relative to energy generation payments" proposes amendments to Section 139 of Chapter 164 of the General Laws in Massachusetts. It introduces new provisions requiring distribution companies to provide payments to customers for credits that have been carried forward for six months or more, and mandates that any outstanding credits must be paid within 30 days of the customer closing their account. Additionally, it clarifies that these payments will not be classified as credits, rebates, or renewable energy offsets.

Furthermore, the bill instructs the department to create regulations that will establish a payment schedule at least once a year, outline the methods of payment (including electronic transfers), ensure customers are notified of their payment eligibility, and detail the process for deferring payments. These changes aim to enhance the financial interactions between distribution companies and their customers regarding energy generation credits.

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