Vermont H0716 proposes to freeze the negative adjustor on net metering and eliminate it on behind-the-meter consumption.

Vermont H0716 amends the net metering formula by freezing the negative adjustor on net-metered solar production at -$0.04 and eliminating the negative adjustor on behind-the-meter consumption. This change affects customers who generate their own electricity through solar panels and those who use or store electricity on-site. The bill aims to stabilize the credit system for net metering customers, ensuring they receive a consistent credit for excess electricity they supply to the grid. This act will take effect on July 1, 2026.

Vermont H0716 proposes to freeze the negative adjustor on net metering and eliminate it on behind-the-meter consumption.

Vermont H0716 amends the net metering formula by freezing the negative adjustor on net-metered solar production at -$0.04 and eliminating the negative adjustor on behind-the-meter consumption. This change affects customers who generate their own electricity through solar panels and those who use or store electricity on-site. The bill aims to stabilize the credit system for net metering customers, ensuring they receive a consistent credit for excess electricity they supply to the grid. This act will take effect on July 1, 2026.