The 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.

Key definitions are updated in the bill, including the replacement of "net metering" with "customer electrical production" system, and the introduction of terms for "existing" and "new" small customer-generators based on their operational dates. The bill also clarifies the calculation of energy credits for existing small customer-generators and outlines safety and performance requirements for customer electrical production systems. 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