Bill > S2317

This bill amends Chapter 164 of the Massachusetts General Laws to modify how distribution companies handle energy credits for customers. Specifically, the bill requires distribution companies to provide payment to customers for energy credits that have been carried forward for six months or more, with the company applying costs against the most recent credit issued. Customers can opt to defer these payments, and if a customer closes their account, the distribution company must pay any outstanding credits within 30 days. The bill clarifies that these payments are not considered credits, rebates, environmental attributes, or renewable energy credits. Additionally, the bill mandates that the relevant department create regulations to implement these changes, including establishing a payment schedule, defining payment methods (such as electronic funds transfer), providing customer notices about payment eligibility, and outlining a process for payment deferral. This legislation aims to provide more clarity and flexibility for customers regarding energy credits and their potential monetary value.

Transportation and Infrastructure

https://malegislature.gov/Bills/194/S2317