An act relating to the net metering formula

Summary

The bill changes Vermont’s net‑metering rules so that the negative adjustor (a credit penalty) on solar energy sent back to the grid cannot be more than $0.04 per kilowatt‑hour, and it eliminates any adjustor for electricity used or stored on‑site. This affects residential and commercial customers with solar panels and the utilities that purchase their excess power. The aim is to make solar generation more financially predictable and encourage on‑site consumption.

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

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