Rhode Island Senate Bill S2035

Rhode Island 2024 Regular Session

• Introduced: 1/12/24
• Refer: 1/12/24

Caption

Allows a property owner with eligible net-metering systems with a master meter to allocate excess net metering credits to any meter on the property.

Impact

The bill's impact is significant as it modifies existing laws related to public utilities, particularly focusing on the net metering system's credits allocation process. It streamlines the ability for property owners to benefit from surplus energy production, thus promoting the utilization of renewable energy systems on their properties. Furthermore, it establishes provisions for integration with low-income housing developments, allowing them to benefit from renewable energy incentives and potentially lowering energy costs for vulnerable populations.

Summary

Bill S2035 proposes amendments to the net metering framework within the state of Rhode Island. This legislation aims to allow property owners with eligible net metering systems, particularly those with master meters, to allocate excess net metering credits to any meter on their property. This includes provisions that facilitate equitable energy distribution among tenants in multi-unit housing developments and improvements for low- and moderate-income housing by broadening the accessibility of renewable energy credits to these groups.

Contention

Notable points of contention surrounding S2035 center on the environmental implications of expanding net metering systems and their placement, especially concerning core forests. Critics may argue that the bill's provisions could incentivize developments near ecologically sensitive areas while proponents assert that it is a necessary step for promoting renewable energy adoption and inclusivity for low-income residents. Additionally, discussions may emerge around the practical implementation of billing processes for allocative electricity credits, evaluating their fairness and effectiveness in fostering equitable access to energy.