Phoenix, AZ, U.S.A. --- (METERING.COM) --- April 1, 2008 – The Arizona Corporation Commission (ACC) has approved a set of rules that allow energy consumers to be compensated for generating their own energy through renewable resources. The net metering rules, which would be required of all Arizona electric utility companies, will provide consumers with a key tool to help offset the costs of installing and generating renewable energy in their home or business, primarily through the use of solar technology.
Consumers with solar panels will be allowed to generate up to 125 percent of their peak connected load and will be credited the retail rate for any excess energy generation that is sent back to the regional electricity grid. Facilities that qualify under this plan are those operated by a consumer and located on his or her property - whether residential or commercial - that is intended to provide all or part of a consumer’s energy needs. Two-way meters would be installed to measure both the electricity coming in to a property from the grid, and the energy going out. Facilities with a generating capability greater than 125 percent of the customer's peak demand would require a special contract between the utility and the consumer.
The approved net metering rules will now undergo a round of response from involved parties on changes to the previously proposed rules before being sent to the Arizona Secretary of State to open a notice of proposed rulemaking.
The Commission’s approval of net metering rules follows its requirement that utilities generate 15 percent of their total energy from renewable energy technologies by 2025. The Commission’s Renewable Energy Standards promote the generation of clean energy to power Arizona’s future.
“This net metering plan is one of the most aggressive of its kind in the country,” said Commissioner Kris Mayes. “No other state is doing more to create a marketplace for renewable energy and to make solar energy affordable for consumers.”