(A) The city encourages interested citizens and businesses to invest in renewable electric energy generation systems and enter into a net metering arrangement with the municipal electric utility of the city.
(B) (1) Eligible net metering customers include residential, commercial and industrial customers in good standing that own or operate a solar, wind, biomass, geothermal, or hydroelectric generating facility that:
(a) Has a nameplate capacity less than or equal to ten kilowatts (kw);
(b) Is located on the customer’s premises and is operated by the customer; and
(c) Is used primarily to offset all power to the customer’s own electricity requirements.
(2) The electric utility shall limit the aggregate amount of net metering facility nameplate capacity from all eligible net metering customers to 0.1% of the utilities’ most recent summer peak load.
(C) (1) (a) The electric utility shall measure the difference between the amount of energy delivered by the utility to the eligible net metering customer and the amount of energy generated by the eligible net metering customer and delivered to the utility.
(b) If the eligible net metering customer generates more energy that it consumes in a month, the customer shall receive a bill credit from the utility for the amount of surplus energy generated.
(c) The utility shall not purchase or wheel power produced by an eligible net metering customer’s facility.
(2) The net metering tariff shall be adopted as the terms and conditions under which the utility will offer net metering to eligible net metering customers, which shall become effective upon approval by the State Utility Regulatory Commission (IURC).
(3) The utility shall enter into an interconnection agreement with the eligible net metering customer which incorporates technical interconnection requirements and does not conflict with these provisions before the net metering facility may be interconnected with the utility system.
(Prior Code, § 25-31) (Ord. 09-05, passed - -)