N.J. Admin. Code § 14:8-7.3 - Aggregated net metering general provisions
(a) All
electric distribution companies (EDCs) shall, and suppliers may, offer
aggregated net metering to eligible customers that operate a solar electric
power generation system, provided that the following criteria are met:
1. The eligible customer operates the system
using a net metered billing account;
2. The generating capacity of the eligible
customer 's system does not exceed the combined metered annual energy usage of
the customer's qualified facilities;
3. The system is located on property owned by
the eligible customer , provided that the property is not land that has been
actively devoted to agricultural or horticultural use and that is valued,
assessed, and taxed pursuant to the Farmland Assessment Act of 1964 at any time
within the 10 years prior to July 23, 2012. The municipal planning board of a
municipality in which a solar electric power generation system is located may
waive the requirement that the land not have been actively devoted to
agricultural or horticultural use and that is valued, assessed, and taxed
pursuant to the Farmland Assessment Act of 1964 at any time within the 10 years
prior to July 23, 2012.
4. The
system is not an on-site generation system.
(b) All of the customer qualified facilities
combined for the purpose of net metering aggregation must be:
1. Located within the service territory of a
single electric public utility;
2.
Served by the same basic generation provider or by the same electric power
supplier; and
3. Belong to the same
customer rate class under the applicable electric public utility tariff or are
served by the same supplier.
(c) The EDC shall develop a tariff providing
for aggregated net metering .
(d)
If, in a given monthly period, an eligible customer supplies more electricity
to the electric distribution system than the EDC or supplier delivers to the
host site , the EDC or supplier shall credit the eligible customer for the
excess up to the amount of energy consumed at the host site meter , if any. To
do this, the EDC or supplier shall reduce the eligible customer 's bill for the
next monthly billing period to compensate for the excess electricity from the
eligible customer in the previous billing period. Such credit shall not exceed
the amount of energy consumed at the host site meter , if any, during the
previous billing period.
(e) The
EDC or supplier shall carry over credit earned under (d) above from monthly
billing period to monthly billing period, and the credit shall accumulate until
the end of the eligible customer 's annualized period.
(f) At the end of the eligible customer 's
annualized period, the EDC or supplier shall compensate the eligible customer
for any excess kilowatt hours generated, at the electric power supplier's or
basic generation service provider's avoided cost of wholesale power, as defined
at N.J.A.C. 14:8-4.2, or the PJM
electric power pool real-time locational marginal pricing rate. Excess kilowatt
hours, if any, shall be calculated by comparing the generation of the solar
electric generation system with the combined energy usage at the qualified
facilities over the annualized period.
(g) The EDC or supplier shall offer each
eligible customer one opportunity to select an annualized period in accordance
with the provisions of
N.J.A.C.
14:8-4.3.
(h) An eligible customer that installs a
solar electric generation system owns the renewable attributes of the
electricity it generates unless there is a contract with an express provision
that assigns ownership of the renewable attributes. The eligible customer may
trade or sell the attributes to another person, or may use the attributes as
the basis for an application for one or more SRECs.
Notes
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