A BILL TO BE ENTITLED
AN ACT to eliminate the cap on rooftop solar leasing and TO eliminate the cap on net metering.
The General Assembly of North Carolina enacts:

part i. eliminate rooftop solar leasing cap
SECTION 1.1.  G.S. 62‑126.5(d) reads as rewritten:
"(d)	Each offering utility shall establish a program for new installations of leased equipment to permit the reservation of capacity by customer generator lessees, whether participating in a public utility or nonutility lessor's leasing program, on its system, including provisions to prevent or discourage abuse of such programs. Such programs must provide that only prospective individual customer generator lessees may apply for, receive, and hold reservations to participate in the offering utility's leasing program. Each reservation shall be for a single customer premises only and may not be sold, exchanged, traded, or assigned except as part of the sale of the underlying premises."

part ii. eliminate one megawatt cap on net metering
SECTION 2.1.  G.S. 62‑126.4 is amended by adding a new subsection to read:
"(d)	The Commission shall continue to allow net metering for any customer that owns and operates a renewable energy facility that generates electricity with a capacity up to 1 MW at the applicable net metering rate in place at the time of interconnection. The Commission shall expand net metering at the applicable net metering rate in place at the time of interconnection to customers that own and operate a renewable energy facility with a capacity over 1 MW that is intended primarily to offset part or all of the customer's annual usage."
SECTION 2.2.  G.S. 62‑133.8(i) reads as rewritten:
"(i)	Adoption of Rules. – The Commission shall adopt rules to implement the provisions of this section. In developing rules, the Commission shall:
…
(6)	Adopt rules for electric public utilities for net metering of renewable energy facilities with a generation capacity intended primarily to offset part or all of the customer's annual usage.
…."

part iii. effective date
SECTION 3.1.  This act becomes effective July 1, 2023.