LIP-49: Can you provide an explanation on the method of distributing energy from the system to residents?

Pursuant to Section 1-10 of the IPA Act, a community renewable energy generation project must be a project that “credits the value of electricity generated by the facility to the subscribers of the facility.” Under this arrangement, the interconnecting electric utility of the Project is the entity to provide net metering credits to a prospective subscriber under Section 16-107.5(l) of the Public Utilities Act. Please consult with the interconnecting electric utility for information on its procedures regarding how it credits net metering credits to a prospective subscriber.  Please note that payment under the REC Contract is for RECs that are delivered and that are attributable to subscribed shares only.