RELATING TO RENEWABLE ENERGY.
What changed between versions
Added authorization for retail wheeling, allowing renewable energy system owners to transmit electricity through utility meters to separate utility account holders.
Added provisions requiring fair compensation mechanisms for exported energy from solar and storage systems, including capacity and performance payments for grid services.
Added new statutory sections defining retail wheeling and establishing requirements for the Public Utilities Commission to create policies and procedures for implementing retail wheeling and microgrid service tariffs.
Modified the definition of 'public utility' to explicitly exclude microgrid operators and renewable energy system owners who provide power to customers on their property without using utility transmission lines.
Added requirements for aggregators to participate in grid service programs, automatically enroll customers, and receive direct payments from electric utilities.
Changed the effective date of the Act from an unspecified date to July 1, 2050, significantly delaying implementation compared to the original version.