SB 298

Abstract

This bill amends provisions in Title 26 of the Delaware Code, Section 1014, related to rules and regulations promulgated by the Public Service Commission, municipal electric companies, and electric cooperatives on the subject of net energy metering. The bill accomplishes the following: - Increases the cap at which electric utilities may elect not to provide net metering services from the current 5% to 8%. - Provides that net metering rules and regulations must consider the reliability, safety, and capacity of the affected electric distribution system. - Clarifies the definition of an “Excess kWh Credit." - Defines the value to be assigned to “Excess kWh Credits” and provides that the value does not include charges for “Societal benefits programs.” - Defines the term “Societal benefits program” to include the Green Energy Fund, the Low Income Fund, and other charges which benefit the public at large. - Provides that Commission-regulated electric utilities, municipal electric companies, and electric cooperatives shall not reimburse, credit, or otherwise remunerate net energy metering customers for any “Excess kWh Credits” at the end of the annualized billing period, and that “Excess kWh Credits” will revert to the electric distribution company at the end of the annualized billing period. - Provides that Section 1014(e)(1) does not apply to community-owned energy generating facilities. - Provides that, if a net metering customer abandons the property where the energy-generating equipment is located, the equipment may remain connected to the electric distribution system unless the equipment presents a risk to the safety and reliability of the system. - Includes provisions for adding new meters to maintain system safety and reliability, and caps the cost for such meters for residential customers at $200.