Current through Chapter 253 of the 2024 Legislative Session
Section 269-107 - Net electricity consumersAt the end of each monthly billing period, where the electricity supplied during the period by the electric utility exceeds:
(1) The electricity generated by the eligible customer-generator during that same period; and(2) Any unused credits for excess electricity from the eligible customer-generator carried over from prior months since the last twelve-month reconciliation period, the eligible customer-generator is a net electricity consumer and the electric utility shall be owed compensation for the eligible customer-generator's net kilowatt-hour consumption over that same period. The compensation owed for the eligible customer-generator's net monthly kilowatt-hour consumption shall be calculated at the retail rate of the rate class the customer is normally assigned to. L 2001, c 272 , pt of §6; am L 2005, c 104, §7 .