SB 261 (2022)
Allow quarterly payments for negative energy usage in net metering
Clarifies provisions relative to net energy metering participation. As introduced, this bill would also allow customer generators to receive a credit towards their next bill if they generate more electricity than they use in a billing cycle. The Department of Energy states this bill would allow relatively larger customer-generators to participate in net-metering without having load behind the meter even if they do not group net meter and to be credited or paid at the default service rate for any net exports of the electricity generated.
The Senate amended the bill to instead allow net metering customer generators the option of receiving payments for negative energy usage on a quarterly basis.
The House further amended the bill to allow utilities to recover any costs associated with making this billing cycle change.