H 716

 BILL AS INTRODUCED  H.716
 2026  Page 1 of 2
1H.716
2 Introduced by Representative Morrow of Weston
3 Referred to Committee on
4 Date:
5 Subject: Public service; energy; renewable energy; solar energy; net metering
6 Statement of purpose of bill as introduced: This bill proposes to freeze the
7 negative adjustor on net metering and eliminate the negative adjustor on
8 behind-the-meter consumption.
9    An act relating to the net metering formula
10 It is hereby enacted by the General Assembly of the State of Vermont:
11 Sec. 1. 30 V.S.A. § 8010 is amended to read:
12 § 8010. SELF-GENERATION AND NET METERING
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14    (c) In accordance with this section, the Commission shall adopt and
15 implement rules that govern the installation and operation of net metering
16 systems.
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18(2) The rules shall include provisions that govern:
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                                                                  VT LEG #385617 v.2
 BILL AS INTRODUCED  H.716
 2026  Page 2 of 2
1(F) the amount of the credit to be assigned to each kWh of electricity
2 generated by a net metering customer in excess of the electricity supplied by
3 the interconnecting provider to the customer, the manner in which the
4 customer’s credit will be applied on the customer’s bill, and the period during
5 which a net metering customer must use the credit, after which the credit shall
6 revert to the interconnecting provider.
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8(iii) In determining the amount of the credit, the negative adjustor
9 on net-metered solar production shall not exceed -$0.04 and there shall be no
10 adjustor on behind-the-meter consumption. As used in this section, “behind-
11 the-meter consumption” means electricity that is used or stored on-site without
12 first passing through the provider’s electric meter or otherwise reaching the
13 grid.
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15 Sec. 2. EFFECTIVE DATE
16    This act shall take effect on July 1, 2026.
                                                                   VT LEG #385617 v.2