HB 2792 (Tran) and SB 1779 (Ebbin) establishes a six-year pilot program that allows a locality to use excess energy generated by a renewable energy project to be credited towards electric bills for other municipal accounts. Under the program a county could install solar panels or wind turbines “… located on airports, landfills, parking lots, parks, post-mine land, or a reservoir that is owned, operated, or leased by the municipality” and use excess energy generated at the facility to be credited to other metered accounts. The result will be a reduction in the amount of electricity for which the county is billed by the utility.
- The bill removes a significant barrier to deploying renewable energy by allowing the energy generated at the site to be credited towards energy consumed at other municipal facilities.
- Generation of renewable energy under the program provides a viable financing mechanism to offset energy consumption and reduce municipal expenditures on electricity.