Modifies provisions for net metering

Summary

The bill defines eligible small renewable generators and requires retail electric suppliers to provide net‑metering on a first‑come, first‑served basis until the total capacity reaches five percent of the supplier’s prior‑year peak load. It also outlines rate options, metering responsibilities, and how excess generation is credited. The goal is to standardize net‑metering practices while protecting utility cost recovery.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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