The measure would amend Indiana’s so-called “net metering” law under which electric customers are charged only for the net amount of power they use and get credit on future bills for excess power they generate and send back into the electric grid. Power companies currently charge and credit such customers at the same rate per kilowatt hour. Republican state Rep. Eric Koch of Bedford says his bill’s purpose is “to promote and grow net metering.” However, Democratic Rep. Matt Pierce of Bloomington says the bill “would effectively end net metering” by reducing the credit solar panel owners would receive. (Copyright 2015 The Associated Press.
Originally located at: http://www.14news.com/story/27943401/solar-energy-supporters-utilities-spar-over-legislation