Puerto Rico’s legislature has approved Senate Bill 1121 (SB 1121), the Puerto Rico Energy Public Policy Act, which will set the Island on a path to 100% renewable energy by 2050.
Additionally, the PS 1121 bill establishes that solar energy users will have access to net energy metering within one month of a system’s installation, clarifies that the existing net energy metering policy shall be in place for no less than five years, and that new solar consumers will be grandfathered and protected from future policy changes for the next 20 years.
Homes damaged by Hurricane Maria are seen in an aerial photograph taken over El Negro, Yabucoa, Puerto Rico. One year after Hurricane Maria slammed ashore in Puerto Rico, decimating the island's power grid, ripping the roofs off houses and causing the deaths of almost 3,000 people., a leading proponent of PS 1121,"now we can move forward in developing an economy built on strong foundations that will provide more opportunities for future generations.
A requirement for utilities to purchase solar renewable energy credits for renewable portfolio standard compliance.Requires streamlined permitting of utility-scale ground-mounted solar projects for the next 5 years, with 20 year grandfathering for new clients. Eliminates the ability of the utility to deny interconnection because of"full feeder", or “right of way" issues.
Eliminates 5-year recertification requirement for net metered systems, with no need for people to go to the utility to get recertified every 5 years as is currently the case.Bans all solar production taxes and clarifies that Sales & Use Tax Exemption applies to energy storage and leased systems.
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Puerto Rico Has Just Passed Its Own Green New DealPuerto Rico’s legislature has approved Senate Bill 1121 (SB 1121), the Puerto Rico Energy Public Policy Act, which will set the Island on a path to 100% renewable energy by 2050.
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