House Bill

HB 1047:

Changes payout options for net-metering customers

Not Bipartisan

Bill Primary sponsors

Rep. Stephen Meeks

Cosponsors

None

Filed 1.03.23

Full Bill Title

An act to amend the Arkansas Renewable Energy Development Act of 2021; To provide requirements for paying a residential net-metering customer for net excess generation; And for other purposes

Summary

What it does

This bill would give additional options to residential customers who produce more energy than they use and provide energy back to the energy grid (usually by solar). It:

  • Requires electric utilities to pay residential customers at the retail rate per kilowatt for excess generation
  • Allows customers to cash out at the wholesale rate once every six months either as a credit on their bill or as a direct payment, whichever the customer chooses

Options: Filed, on agenda, passed, failed… (more)

Status

Filed

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