Sec. 1. Study and report on benefits of solar net energy metering
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The Secretary of Energy shall conduct a study on solar net energy metering. The study shall include an analysis of any benefits that may result from implementing solar net energy metering, including any resulting— reduction in demand on the grid during peak hours; increased grid security through localized grid support; creation of jobs related to solar energy, including jobs in production, construction, and installation, increasing the tax base for State and local governments; avoidance of energy-related expenditures by electric consumers that enables such electric consumers to increase discretionary spending and stimulate local economies; reduction in air pollution and associated health risks; reduction in greenhouse gas emissions and associated climate change impacts; assistance to electric utilities in meeting applicable renewable portfolio standards; reduction in water usage as compared to the amount of water used in fossil-fuel-based electricity production; reduction in electricity cost for electric consumers as a result of reduced demand for centrally supplied electricity; avoided cost in energy generation, deferred capacity, and grid support services to electric utilities by or on behalf of an electric consumer; avoided cost to electric utilities for fuel price hedging otherwise needed to guarantee that a portion of electricity supply costs are fixed; and increase in the availability of private capital to individuals generating electricity through use of solar power based on the stable assumptions solar net energy metering provides for financial institutions.
Not later than one year after the date of enactment of this Act, the Secretary of Energy shall submit to Congress a report containing the results of the study required to be conducted under paragraph (1). For purposes of this Act: The term eligible solar generating facility means a facility that produces electric energy solely by the use, as a primary energy source, of solar energy. The term primary energy source has the meaning given such term in section 3 of the Federal Power Act ( 16 U.S.C. 796 ).
The term solar net energy metering means service to an electric consumer under which electric energy generated by such electric consumer from an on-site eligible solar generating facility and delivered to local distribution facilities may be used to offset electric energy provided by an electric utility to the electric consumer during the applicable billing period. The terms electric utility and electric consumer have the meanings given such terms in section 3 of the Public Utility Regulatory Policies Act of 1978 ( 16 U.S.C. 2602 ).
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