Amendment ID: S2829-91

Amendment 91

Net Crediting

Messrs. Pacheco and Brady move that the proposed new draft be amended by adding after section_____ the following section:-

"SECTION ______.  Notwithstanding any general or special law or rule, regulation or order to the contrary, (a) “Net Crediting” means a payment mechanism that requires an Electric distribution company, at the request of a host project or eligible Solar Tariff Generation Unit (STGU) System, to: (i) Include the monthly subscription charge of a host project or eligible STGU System on the monthly Bills rendered by the Electric distribution company for electric service and supply to subscribers; and (ii) Remit payment for those charges to the host project or eligible STGU System, irrespective of whether applicable subscribers have paid their electric bill. (iii) An Electric distribution company may require a reasonable fee for a host project or eligible STGU Systems that uses net crediting. The fee shall not exceed one percent of the bill credit value remitted to the system unless the Department determines a higher fee is just and reasonable based on substantial evidence presented by the Electric distribution company. The fee for net crediting assessed to a host project or STGU system shall not exceed the fee in effect at the time the host project or eligible STGU System elected for an associated STGU System to participate in net crediting.”