H0741: Net Metering

Legislative Summary

Provides terms for public utility net metering programs after specified date; provides schedule of reductions to net metering rate designs that apply to customers with net metering applications that are approved after specified dates; authorizes certain customers who own or lease renewable generation to remain under net metering rules that initially applied to those customers for specified time; authorizes public utilities to petition for approval of certain fixed charges designed to meet specified purposes; provides conditions under which rules must be initiated if penetration rate of customer-owned or leased renewable generation meets specified threshold; authorizes public utilities to recover specified lost revenues upon meeting certain requirements.