Allows preferred sites to be developed without being subject to the cap or rate reduction in the net metering statute.
This legislation is expected to significantly highlight community renewable energy initiatives by ensuring that low- and moderate-income (LMI) residents and those from disadvantaged areas have access to net metering credits. It specifically mandates that at least 50% of subscriptions to community solar projects be allocated for these households, thereby promoting energy equity and enhancing energy access for marginalized communities. The bill also requires the Rhode Island Office of Energy Resources to conduct cost and benefit analyses to ensure the feasibility and effectiveness of the community solar program.
House Bill 6085 is an act that amends existing laws regarding net metering for electricity generated from eligible net-metering systems and community remote net-metering systems. The bill aims to facilitate the development of renewable energy by allowing systems on preferred development sites to bypass existing capacity caps and rate reductions typically imposed under net metering rules. Such preferred sites include previously developed areas like landfills, parking lots, and rooftops, which can be instrumental in promoting solar energy generation without further straining the environment.
While the bill has garnered support for its focus on renewable energy and environmental justice, it has faced contention, primarily from environmental groups concerned about potential land usage impacts. Critics are particularly wary of any legislation that could lead to forest land being cleared for solar development, even under the allowances for preferred sites. The exemption of existing caps and rates is also viewed with skepticism as it may lead to unforeseen economic implications on local utility companies, which might experience alterations in revenue structures due to the shift in net metering policies.