Title: Requires Net Metering for Solar Power
Signed by Governor Matt Bevin
Title: Requires Net Metering for Solar Power
Vote to pass a bill that requires the Kentucky Public Service Commission to establish rates for solar customers to be compensated by utilities for selling their excess solar power.
Defines “net metering” as the difference between the dollar value of all electricity generated by an eligible customer-generator fed back to the electric grid over a billing period and the dollar value of all electricity consumed by the customer-generator over the same billing period and priced using the applicable tariff of the retail electric supplier (Sec. 1).
Defines “eligible electric generating facility” as an electric generating facility that has a rated capacity of not greater than 45 kilowatts and is connected parallel with the electric distribution system and generates electricity using the following, including (Sec. 1):
Solar energy;
Wind energy;
Biomass or biogas energy; or
Hydro energy.
Requires a retail electric supplier serving an eligible customer-generator compensate that customer for all electricity produced by their eligible electric generating facility that flows to the retail electric supplier (Sec. 2).
Specifies that for each billing period, compensation to an eligible customer-generator shall be in the form of a dollar-denominated bill credit and if the bill credit exceeds the amount to be billed to a customer, the amount of the credit shall be carried over to the next month (Sec. 1).
Title: Requires Net Metering for Solar Power
Vote to pass a bill that requires the Kentucky Public Service Commission to establish rates for solar customers to be compensated by utilities for selling their excess solar power.
Defines “net metering” as the difference between the dollar value of all electricity generated by an eligible customer-generator fed back to the electric grid over a billing period and the dollar value of all electricity consumed by the customer-generator over the same billing period and priced using the applicable tariff of the retail electric supplier (Sec. 1).
Defines “eligible electric generating facility” as an electric generating facility that has a rated capacity of not greater than 45 kilowatts and is connected parallel with the electric distribution system and generates electricity using the following, including (Sec. 1):
Solar energy;
Wind energy;
Biomass or biogas energy; or
Hydro energy.
Requires a retail electric supplier serving an eligible customer-generator compensate that customer for all electricity produced by their eligible electric generating facility that flows to the retail electric supplier (Sec. 2).
Specifies that for each billing period, compensation to an eligible customer-generator shall be in the form of a dollar-denominated bill credit and if the bill credit exceeds the amount to be billed to a customer, the amount of the credit shall be carried over to the next month (Sec. 1).
Title: Requires Net Metering for Solar Power