Energy

LD 359 prohibits certain customers from participating in net energy billing (a system where solar/wind energy credits offset electricity bills) unless they have a direct financial stake in the renewable energy system. It requires customers to own, lease, or have a power purchase agreement for the system, effectively ending shared solar programs where multiple customers pool resources without direct ownership. The bill limits shared arrangements to 10 meters for investor-owned utilities and sets size limits (under 5 MW for most systems). It directly affects residential and commercial customers in "shared solar" programs who previously could join without owning the equipment. Existing projects approved before June 2021 are exempt from these new requirements.