Before January 1, 2018, the commission shall amend 170 IAC 4-4.2-4, and an electricity supplier shall amend the electricity supplier's net metering tariff, to do the following:

1. (1) Increase the allowed limit on the aggregate amount of net metering facility nameplate capacity under the net metering tariff to one and one-half percent (1.5%) of the most recent summer peak load of the electricity supplier.

2. (2) Modify the required reservation of capacity under the limit described in subdivision (1) to require the reservation of:

   1. (A) forty percent (40%) of the capacity for participation by residential customers; and
   2. (B) fifteen percent (15%) of the capacity for participation by customers that install a net metering facility that uses a renewable energy resource described in IC 8-1-37-4 (a)(5).

As added by P.L.264-2017, SEC.6. Amended by P.L.93-2024, SEC.72.