Vote Smart's Synopsis:

Vote to concur with senate passage and pass a bill that establishes the Net Energy Billing and Distributed Solar and Energy Storage Systems.

Highlights:

• Establishes the Net Energy Billing and Distributed Solar and Energy Storage Systems to create a cost-effective successor program for distributed generation (Sec. 2-7).

• Requires the Governors Energy Office (GEO) to pursue federal funding to focus the benefits of solar energy on low and moderate income state residents (Sec. 2-7).

• Requires the Public Utilities Commission (PUC) to properly account for both costs and benefits of these small and medium sized solar projects (Sec. 2-7).

• Requires the PUC report honest accounting costs and benefits outside of stranded costs mechanism that considers the program only through a lens of utility revenue (Sec. 2-7).

• Specifies that the provisions of this bill shall take effect March 31, 2024 (Sec. 10).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that establishes the Net Energy Billing and Distributed Solar and Energy Storage Systems.

Highlights:

• Establishes the Net Energy Billing and Distributed Solar and Energy Storage Systems to create a cost-effective successor program for distributed generation (Sec. 2-7).

• Requires the Governors Energy Office (GEO) to pursue federal funding to focus the benefits of solar energy on low and moderate income state residents (Sec. 2-7).

• Requires the Public Utilities Commission (PUC) to properly account for both costs and benefits of these small and medium sized solar projects (Sec. 2-7).

• Requires the PUC report honest accounting costs and benefits outside of stranded costs mechanism that considers the program only through a lens of utility revenue (Sec. 2-7).

• Specifies that the provisions of this bill shall take effect March 31, 2024 (Sec. 10).

Full Bill Text