§269-106 Billing periods; twelve-month reconciliation.
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§269-106 Billing periods; twelve-month reconciliation.
(a)Billing of net energy metering customers shall be on a monthly basis; provided that the last monthly bill for each twelve-month period shall reconcile for that twelve-month period the net electricity provided by the electric utility with:
(1)The electricity generated by the eligible customer-generator and fed back to the electric grid over the monthly billing period; and
(2)Any unused credits for excess electricity from the eligible customer-generator carried over from prior months since the last twelve-month reconciliation period.
(b)Credits for excess electricity from the eligible customer-generator that remain unused after each twelve-month reconciliation period may not be carried over to the next twelve-month period. [L 2001, c 272, pt of §6; am L 2005, c 104, §6]