This bill amends the Limited Electrical Energy Producers Act to establish new requirements for large customer-generators participating in net energy metering. Specifically, it mandates that these generators, defined as those with a total peak generating capacity of greater than one megawatt and less than five megawatts, must consume at least 33 percent of their own generated energy annually. The bill also introduces a new definition for "industrial host" and clarifies that eligible customer-generators must be interconnected and operate in parallel with the electric grid. Additionally, it allows for alternative tariffs for net energy metering to be available to eligible customer-generators, ensuring they can receive compensation for their generation for up to 20 years or until December 31, 2040, whichever is longer.

Furthermore, the bill removes the requirement for customer generators and their electrical generating facilities to be located within the same utility service territory, which necessitates upgrades to electric distribution utilities' billing systems to facilitate data sharing across different territories. The bill also includes exemptions for low and moderate-income customers from the consumption requirements. Overall, the legislation aims to enhance the participation of customer generators in net energy metering while ensuring that they meet specific consumption thresholds, thereby promoting renewable energy use and potentially impacting electricity costs for ratepayers.

Statutes affected:
Introduced: 362-A:1-a, 362-A:9
As Amended by the Senate: 362-A:1-a, 362-A:9
As Amended by the Senate (2nd): 362-A:1-a, 362-A:9