Raises cap from 4% to 15% of utility’s peak load.
- WEC has 90 days to submit a new rate proposal to the PSB. The final timeline will depend on the length of time it takes for the PSB process to complete (e.g. if there are interveners = longer time). Upon approval, applications can resume being accepted by WEC.
You can see the REV summary of the new legislation at http://www.greenenergytimes.net/2014/04/04/net-metering-summary-house-bill-702/