NET METERING-COGENERATION

Amends the Public Utilities Act. Adds language providing that an "eligible customer" includes a retail customer that owns or operates a cogeneration facility with a rated capacity of not more than 2,000 kilowatts that is located on the customer's premises and is intended primarily to offset the customer's own electrical requirements. Defines "cogeneration facility" to mean equipment used to produce electric energy and forms of useful thermal energy, such as heat or steam, used for industrial, commercial, heating, or cooling purposes, through the sequential use of energy.