1. A. A subscriber shall:

   1. (1) Receive credit for virtual net excess generation; and

   2. (2) Accrue virtual net excess generation in the same manner as an eligible customer-generator under Public Utilities Article, §7-306(f), Annotated Code of Maryland, using one of the following periods elected by the subscriber:

      1. (a) for a period not to exceed 12 months ending with the billing cycle that is complete immediately prior to the end of April of each year; or
      2. (b) an indefinite period.

2. B. The requirements of §B of this regulation apply only to a subscriber that has elected to accrue virtual net excess generation for a period not to exceed 12 months.

   1. (1) An electric company shall pay a subscriber a dollar amount of excess generation as reasonably adjusted to exclude the distribution, transmission, and noncommodity portion of the customer’s bill unless the electric company records subscriber credits as kilowatt hours.
   2. (2) An electric company that serves electric retail choice customers shall pay the subscriber for kilowatt hours of excess generation at the lesser of the subscriber’s retail supply rate or the Standard Offer Service rate in effect at the time of payment.
   3. (3) An electric company that does not provide Standard Offer Service shall pay a subscriber for kilowatt hours of excess generation at the electric company’s avoided cost of generation.
   4. (4) An electric company may pay a subscriber an amount of excess generation as a bill credit if the amount of payment is less than $25.
   5. (5) An electric company shall make a determination to apply §§B(1), B(2), or B(3) of this regulation in accordance with the type of subscription credits used for the subscriber according to Regulation .04 of this chapter.

Authority: Public Utilities Article, §§2-113, 2-121, 7-306, 7-306.1, and 7-306.2, Annotated Code of Maryland

Effective date: July 18, 2016 (43:14 Md. R. 781)

Regulation .01 amended effective June 15, 2020 (47:12 Md. R. 597); March 21, 2022 (49:6 Md. R. 406); March 3, 2025 (52:4 Md. R. 221)

Regulation .02 amended effective March 3, 2025 (52:4 Md. R. 221)

Regulation .02A amended effective June 15, 2020 (47:12 Md. R. 597); March 21, 2022 (49:6 Md. R. 406)

Regulation .02C amended effective March 21, 2022 (49:6 Md. R. 406)

Regulation .03 amended effective June 15, 2020 (47:12 Md. R. 597); March 3, 2025 (52:4 Md. R. 221)

Regulation .04 amended effective March 21, 2022 (49:6 Md. R. 406); March 3, 2025 (52:4 Md. R. 221)

Regulation .04E amended effective June 15, 2020 (47:12 Md. R. 597)

Regulation .06 amended effective March 3, 2025 (52:4 Md. R. 221)

Regulation .07 amended effective March 3, 2025 (52:4 Md. R. 221)

Regulation .09 A, C amended effective March 3, 2025 (52:4 Md. R. 221)

Regulation .10 amended effective March 3, 2025 (52:4 Md. R. 221)

Regulation .11B amended effective March 3, 2025 (52:4 Md. R. 221)