Legislation has been introduced in Arkansas (H.B. 1004) that would dilute the state’s net metering policy. Currently, any excess net metering credits generated by a customer are carried forward to the next month at a rate equal to the full retail value. H.B. 1004 would require monthly reconciliation of net metering credits at the utility’s avoided-cost rate, minus a transmission fee. H.B. 1004 would also require utilities to meter, bill and credit separately each net-metered system even if one or more of the systems are under common ownership. However, net-metered customers would be allowed to assign credits from one facility to a bill associated with a separate meter location under common ownership.