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Municipal officials urge legislature to restore 20‑year net‑metering terms to secure financing
Summary
Senate Bill 538FN would grandfather municipal ‘host’ net‑metering projects into 20‑year compensation terms for projects started by Dec. 31, 2031. Municipal and county officials said the guarantee is necessary to secure financing and protect expected taxpayer savings; the Department of Energy flagged risk shifting to ratepayers and potential staffing needs to process applications.
Senate Bill 538FN seeks to reinstate a limited grandfathering window for municipal net‑metering hosts so projects that begin construction or financing within a five‑year window can obtain a 20‑year compensation term. Supporters told the Science, Technology and Energy Committee they need predictable 20‑year terms to secure bank financing and to make municipal pro‑formas work; several municipalities, counties and municipal associations described planned landfill and municipal array…
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