only for the applicable non-KWh monthly charges and shall have the excess self-generation "banked" as energy credits to be applied against future bills over a period not exceeding 12 calendar months." Only the NSEB can revise approved Regu...
AI summary The document discusses the Self-Generation Option (SGO) introduced by amendments to the Electricity Act (Bill 145) in 2022, which allows customers to install up to 27 kW of generation or battery storage without formal enrollment in a NS Power program. The former Net Metering Program was retired. NS Power is required to purchase electricity up to the customer's annual usage at the same rate, with no obligation to compensate for excess generation. Excess self-generation is credited to future bills over 12 months.