Bill > H4449

This bill amends the existing laws in Massachusetts to support solar distribution and energy storage net metering facilities. Key provisions include: 1. Exempting Class I net metering facilities that generate renewable energy from certain requirements, allowing them to net meter and accrue Class I net metering credits. 2. Allowing retail suppliers to discharge their obligations under the renewable energy portfolio standard by making alternative compliance payments, with the department setting on-site generation alternative compliance payment rates to stimulate the development of new on-site renewable energy generating sources. 3. Defining "energy storage net metering facility" and incorporating it into the existing net metering framework, including by establishing how the credits for energy storage net metering facilities will be calculated. 4. Updating the definitions of Class I, II, and III net metering credits to account for energy storage net metering facilities, ensuring they receive appropriate time-differentiated credits. The overall goal of the bill is to facilitate the growth and adoption of renewable energy and energy storage technologies in Massachusetts by providing regulatory support and appropriate financial incentives.

Transportation and Infrastructure

https://malegislature.gov/Bills/192/H4449