AN ACT RELATING TO PUBLIC UTILITIES AND CARRIERS -- MORATORIUM ON NET METERING, LONG-TERM CONTRACTS AND SUBSIDIES FOR HEAT PUMPS

HB 7177 places a moratorium on new or renewed net metering contracts (which allow solar power customers to sell excess electricity back to the grid), long-term contracts (over five years) for purchasing solar or wind energy, and state subsidies for heat pump installations. This bill directly affects residential solar customers, utilities, and homeowners seeking heat pump incentives by prohibiting these programs starting January 1, 2027. Key provisions ban state-funded heat pump subsidies, prevent new solar/wind energy procurement contracts exceeding five years, and halt all new net metering agreements under state law. The law suspends these specific energy programs without altering broader renewable energy policies.