Affected by 63I-1-254 on 1/1/2036
Effective 5/12/2015
54-15-104. Charges or credits for net electricity.
- (1) Each electrical corporation with a customer participating in a net metering program shall measure net electricity during each monthly billing period, in accordance with normal metering practices.
- (2) If net metering does not result in excess customer-generated electricity during the monthly billing period, the electrical corporation shall bill the customer for the net electricity, in accordance with normal billing practices.
- (3) Subject to Subsection (4), if net metering results in excess customer-generated electricity during the monthly billing period:
- (a)
- (i) the electrical corporation shall credit the customer for the excess customer-generated electricity based on the meter reading for the billing period at a value that is at least avoided cost, or as determined by the governing authority; and
- (ii) all credits that the customer does not use during the annualized billing period expire at the end of the annualized billing period; and
- (b) as authorized by the governing authority, the electrical corporation may bill the customer for customer charges that otherwise would have accrued during that billing period in the absence of excess customer-generated electricity.
- (a)
- (4) At the end of an annualized billing period, an electrical corporation’s avoided cost value of remaining unused credits described in Subsection (3)(a) shall be granted:
- (a) to the electrical corporation’s low-income assistance programs as determined by the governing authority; or
- (b) for another use as determined by the governing authority.
Amended by Chapter 324, 2015 General Session