This bill amends existing laws to enhance the integration of energy storage systems with net metering for renewable energy generation. It introduces new definitions and clarifies existing ones, particularly regarding "eligible customer-generator," which now includes provisions for energy storage systems that can be charged solely from renewable sources without impacting the one-megawatt size limit for net metering eligibility. The bill also transfers rulemaking authority from the Public Utilities Commission (PUC) to the Department of Energy, allowing the department to establish rules for the installation and interconnection of customer energy storage systems. Additionally, the PUC is authorized to set compensation terms for energy storage exports to the grid.

Key changes include the insertion of terms such as "maximum nameplate rating" and the definition of energy storage, as well as the deletion of outdated language regarding the commission's role in approving tariffs. The bill aims to streamline the regulatory process and align it with current administrative responsibilities, while also addressing the fiscal implications of these changes, which are expected to result in indeterminable increases in utility assessments and potential impacts on electricity costs. The effective date of the act is set for 60 days after its passage.

Statutes affected:
Introduced: 362-A:1-a, 374-H:1, 362-A:9
HB1718 text: 362-A:1-a, 374-H:1, 362-A:9