Customers with eligible power systems can carry unused electricity credits into later years, though some nonresidential customers may face caps and providers have until December 1, 2026, to update billing.
Customers with eligible power systems can carry unused electricity credits into later billing years. Providers may cap carryover for nonresidential customers other than qualifying farms, and billing updates are due by December 1, 2026.
State-regulated electric utilities may recover the cost of updating their billing systems to carry unused electricity credits into later years.
Electric providers must carry unused electricity credits into later yearly billing periods. This covers customers who own, lease, or contract for a power system designed to produce no more than 110% of their expected electricity use. Providers may cap year-end carryover for nonresidential customers other than qualifying farms. The law took effect when enacted. Covered providers have until December 1, 2026, to update their billing systems.
State-regulated electric utilities may recover the cost of updating their billing systems. This covers costs caused by carrying unused electricity credits into later yearly billing periods.
No hearings or votes scheduled.