(1) The General Assembly finds that:(1) Arkansas has an established process for the billing option that enables customer-owned net-metering facilities to offset part or all of a net-metering customer's electric consumption;(2) This billing option should continue subject to certain modifications for the benefit and rate protection of all electric utility customers in Arkansas; and(3) It is in Arkansas's long-term interest to adopt the modifications set forth in this subchapter.
(1) Arkansas has an established process for the billing option that enables customer-owned net-metering facilities to offset part or all of a net-metering customer's electric consumption;
(2) This billing option should continue subject to certain modifications for the benefit and rate protection of all electric utility customers in Arkansas; and
(3) It is in Arkansas's long-term interest to adopt the modifications set forth in this subchapter.