S.C. Code Regs. § § 111-31

Current through Register Vol. 48, No. 11, November 22, 2024

Section 111-31 - Operations of Lessors

A. Lessors must conduct business in compliance with all applicable rules and regulations regarding installations, safety, interconnection, licensure, bonding, and insurance.

B. Lessors must require all personnel performing installation of renewable energy facilities to maintain bonding, liability insurance and worker's compensation insurance that meets applicable federal and state laws.

C. Lessors must require renewable energy facilities to meet the specifications of county and municipal permits.

D. Lessor Prohibitions.

1. Customer payments to a Lessor under a Lease Agreement shall be for the lease of a renewable energy facility only.

a. Lease payments must not be calculated upon metered output.

b. Energy generated by the Lessee's renewable energy facility must not be sold by the Lessee or Lessor to any customer of any retail electric provider.

2. Renewable energy facilities shall serve only one premises or residence and shall not serve multiple Lessees or multiple premises or residences.

S.C. Code Regs. § 111-31

Added by State Register Volume 45, Issue No. 05, eff. 5/28/2021.