Establishes a shared solar net metering cooperative program in Iowa.
The bill establishes a shared solar net metering cooperative program in Iowa. It allows customers to participate in solar energy projects and receive credits on their utility bills. Subscribers can include all their electricity meters in the cooperative. The cooperatives must use solar photovoltaic devices and be limited to 10 subscribers per facility with a capacity of up to one megawatt. The Iowa utilities commission is required to develop interconnection agreements and adopt rules for implementation.
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