Section 407-360-5 - NET ENERGY BILLINGA. Net Billing Prior to Retail Access 1. Customer Qualification. Any qualifying facility that has an installed capacity of 100 KW or less may at its option sell electricity to an electric utility on a net energy billing basis.2. Rates. Net energy sales during any billing period shall be at rates established pursuant to section 4(C)(2).3. Second Meter. Nothing in this subsection shall prohibit a utility from installing additional meters to record purchases and sales separately, provided, however, that no qualifying facility which elects to sell electricity on a net energy billing basis shall be charged for the cost of the additional meters or other necessary equipment.4. New Contracts. Any qualifying facility that has an installed capacity of 100 kW or less may obtain a customer net energy billing contract pursuant to this subsection. Any such new contract must terminate on or before February 28, 2000. Except for the contract duration and rates, contracts entered pursuant to this subsection shall contain the terms identical to those in the utility's existing customer net energy billing standard contract. The terms of the standard contract may be modified subject to Commission approval.B. Net Billing Pursuant to Existing Contracts After Retail Access 1. Existing Customer Net Billing Contracts. Any qualifying facility that has an existing customer net energy billing contract on the effective date of this section shall be billed by the transmission and distribution utility on a net energy basis for the duration of the contract.2. Generation Service After Retail Access. Any qualifying facility that has an existing customer net energy billing contract may obtain retail generation service on a net billing basis from any competitive electricity provider that agrees to provide service and purchase energy on such a net energy basis. If the qualifying facility obtains generation service from the standard offer, the standard offer provider(s) shall provide service and purchase energy on a net energy basis. If there are more than one standard offer providers in a service territory, each provider shall purchase net energy in the same proportion as its standard offer obligation.3. Rates. If the qualifying facility obtains retail generation service from a competitive electricity provider, net energy during any billing period shall be purchased by the competitive electricity provider at rates agreed upon by the qualifying facility and the competitive electricity provider. If the qualifying facility obtains standard offer service, net energy during any billing period shall be purchased by the standard offer provider(s) at rates established pursuant to the existing contract.4. Second Meter. Nothing in this subsection shall prohibit a utility from installing additional meters to record purchases and sales separately, provided, however, that no qualifying facility which elects to sell electricity on a net energy billing basis shall be charged for the cost of the additional meters or other necessary equipment.65- 407 C.M.R. ch. 360, § 5