This bill revises the net metering framework for small customer-generators in Wyoming, establishing new compensation systems for those generating excess energy. It mandates that electric utilities compensate new small customer-generators according to a system set by the public service commission, which must ensure just and reasonable rates. Additionally, cooperative electric utilities that are exempt from retail rate regulation must adopt their own compensation rates by January 1, 2026, and provide written notice to their members about these rates at least 30 days prior to implementation.
The bill also clarifies definitions related to small customer-generators, replacing the term "net metering" with "customer electrical production" in various sections. It introduces new definitions for "existing small customer-generator" and "new small customer-generator," specifying the criteria for each. Furthermore, it outlines the responsibilities of electric utilities regarding the installation of meters and the calculation of energy credits for existing small customer-generators. The public service commission is tasked with conducting public hearings and adopting necessary rules by the end of 2025 to implement these changes effectively.
Statutes affected: Introduced: 37-16-101, 37-16-102, 37-16-103, 37-16-104