An act relating to net metering rates

This bill establishes uniform net metering rates across all of Vermont, requiring electricity providers to charge the same rates to all customers who generate their own power, regardless of which utility company serves them. The legislation mandates that self-generation customers pay the same fees and meet the same conditions as other retail electricity purchasers within the same rate class, with exceptions only for safety and reliability requirements approved by the state Commission. Effective July 1, 2024, the bill requires all retail electricity providers to implement consistent net metering rate schedules approved by the Commission, replacing the previous system where rates varied by individual utility company.