Section 24-1-1c - Legislative findingsThe Legislature finds:
(1) Helping retail electric customers invest in and install solar photovoltaic energy facilities of their choice on their properties is in the public interest;(2) Free-market financing may provide more customers with opportunities to install solar photovoltaic energy facilities;(3) Installation of solar photovoltaic energy facilities will stabilize long-term energy costs making the state more attractive for industry and commercial investment;(4) Financing arrangements, including those in which payments are based on the performance and output of the solar photovoltaic energy facility installed on the property of a retail electric customer, will help reduce or eliminate upfront costs involved in the investments and installation by the customers; and(5) Individuals and entities which offer or receive these types of financing arrangements should not be considered or treated as public utilities.Added by 2021 Acts, ch. 111 (HB 3310), eff. 4/9/2021.