Federal Funding Summary of Infrastructure and Investment Jobs Act and Inflation Reduction Act Funding now available.
Net Metering (2011) Net metering requires electric distribution companies to credit power produced by renewable energy systems installed behind a customer meter. To participate in net metering, a renewable energy system must be sited on the customer’s premises, with certain “virtual net metering” exceptions for public sector projects, farms, affordable housing, and residential projects . Eligible customer-sited systems must be sized to meet on-site loads, based on a three-year average of electricity consumption at the property. Customers receive credit at the electric distribution company’s avoided cost rate for excess generation produced by a net-metered system, up to 125 percent of the customer’s own consumption during a billing period. Net metering was enacted in 2011; the state limit on net metering, formerly 3 percent of the electric distribution company’s historical peak load (1,932 MW as of 2013), was removed in 2014. Click here to view the Net Metering (2011) law