Distributed energy generation.

Amends as follows the statute concerning electricity supplied to and generated by an electricity supplier's customers who own a distributed generation facility: (1) Specifies that "excess distributed generation" means the difference between: (A) the kilowatt hours of electricity generated by a customer and supplied back to the electricity supplier; and (B) the kilowatt hours of electricity delivered by the electricity supplier to the customer; as netted over the monthly billing period. (2) Provides for: (A) the billing or crediting, on a monthly basis, of a distributed generation customer for the kilowatt hours of electricity received by or supplied by the customer, as applicable; and (B) the rates at which the customer is to be credited or billed, as applicable, for those kilowatt hours. (3) Makes conforming changes in other provisions of the statute. Adds a noncode provision to address electricity suppliers that have applied for approval, or received approval, for an excess distributed generation rate or tariff from the utility regulatory commission (IURC) under current law, and to require that: (1) the IURC not approve any pending petitions unless those petitions comply with the bill's provisions; and (2) an electricity supplier that has been granted approval by the IURC of an excess distributed generation rate and tariff to file with the IURC, not later than 30 days after the enactment of the bill, an amended rate and tariff, so that both the rate and the tariff, as amended, comply with the bill's provisions.