relative to the participation of customer generators in net energy metering.

SB 106 updates rules for businesses generating 1-5 megawatts of electricity (like large solar installations on commercial properties) that participate in net energy metering. It requires these "industrial host" systems to use at least 33% of their annual generation on-site, with exemptions for low- and moderate-income customers. The bill guarantees existing billing rates for qualifying projects under a 2017 order for 20 years or until 2040, whichever is longer, and allows transitions to new utility tariffs before 2040. It does not change billing for residential or smaller commercial systems.