This bill enacts new provisions related to net metering of electricity.
This bill:
- defines terms;
- authorizes the Public Service Commission to establish an optional time-of-use export pricing tariff for net metering customers;
- requires differential pricing for customer-generated electricity based on time of day or real-time market conditions;
- establishes a minimum floor for export credits; and
- provides customer protections including voluntary participation and retention of existing options.