SIGNED BY GOVERNOR
Summary
The bill directs the Public Utilities Regulatory Authority to create a successor to the Residential Renewable Energy Solutions program, setting tariffs and rules for customers who install distributed energy resources of 25 kW or less. Eligible homeowners, renters in qualifying multifamily housing, and low‑income customers can receive payments for the electricity they generate and any renewable energy certificates. Costs to electric distribution companies are recovered through a non‑bypassable rate component for all ratepayers.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Track this bill
Get real-time alerts when HB 5340 changes status, plus AI-powered summaries and stage predictions.
Sign up free