New legislation introduced in New York (A. 2927) would expand net metering opportunities for customers by revising several components of the state’s net metering law. Specifically, this new bill would: (1) remove all aggregate net metering caps; (2) remove the term “residential” from the list of eligible customers and replace it with “any customer,” thereby removing customer class limitations on net metering; (3) require the use of a single, bi-directional meter; (4) require net metering and interconnection applications to be processed within one month; and (5) add more “safe harbor” language to prevent new charges.

Several of New York’s investor-owned utilities have approached and/or exceeded their aggregate net metering caps in recent months.