Bill to allow renewable self-consumption of electricity with net metering

Automatic summary, not yet reviewed

1. The bill would set the administrative, technical and economic conditions for self-consumption of renewable electricity, with two compensation systems: net metering and deferred net metering.
2. It defines five self-consumption modes depending on how the generation installation is connected: from installations that never feed power into the grid to installations over 1 MW connected through a direct line, including shared installations on one property or several.
3. In the net metering mode, consumers must request connection from the distribution company, which must respond within fifteen days for a new connection; for a modification, if it does not respond within fifteen days, its approval is assumed.
4. Net metering is calculated monthly by subtracting the cost of energy fed into the grid from the cost of energy consumed from it; depending on the result, either the consumer pays the utility or the utility pays the consumer.
5. Under deferred net metering, surplus energy is transferred to the supplier without direct payment, but it creates deferred consumption rights that can be used for up to 12 months to offset energy consumed.
6. All consumers using self-consumption must register in the administrative self-consumption registry, handled exclusively online, and violations are sanctioned under the Electricity Sector Act.

Who it affects

• Electricity consumers who install solar panels or other renewable sources for their own use: They must register and choose one of the self-consumption modes.
• Electricity distribution and supply companies: They must process connections within set deadlines, keep accounts of deferred consumption rights, and report information to the CNMC.
• Electricity producers: They can feed surplus energy into the grid and receive compensation under net metering.
• Regional governments and town councils: They will keep registries of self-consumption installations in their territory and access state registry data.

Words worth knowing

Autoconsumo (self-consumption)

Using electricity you generate yourself at your own installation, for example with solar panels.

Balance neto (net metering)

A monthly calculation comparing the value of energy you feed into the grid with the value of energy you take from it; depending on the result, one party pays the other.

Balance neto diferido (deferred net metering)

A system where surplus energy is not paid in money but gives the right to consume an equivalent amount for free later, for up to 12 months.

Contador bidireccional (bidirectional meter)

A meter that measures energy in both directions: what comes in from the grid and what is fed into it.

Línea directa (direct line)

A cable linking a power generation site directly to a consumption site, without going through the general grid.

It summarizes the text as it was introduced. It is written by artificial intelligence and may contain mistakes: the official text is what counts. Read the official text · How we make summaries