Santiago de Chile — (METERING.COM) — January 16, 2012 – Chile’s Chamber of Deputies has approved a net metering regulation (Bulletin 641), which has now been forwarded to the Senate for the final approval and publication.
The regulation was approved with 95 votes in favor and one abstention.
The regulation provides a modification to the General Law of Electricity Services to enable residential end users with non conventional renewables or efficient co-generation facilities to inject excess energy into the grid. Such non conventional renewables are currently biomass, hydro, geothermal, solar, wind and tidal power.
According to the deputies, users of such systems are contributing to the diversification of energy supply, with low environmental impact.
Areas covered in the regulation include measures to protect the safety of persons and property, security and continuity of supply, technical and safety specifications of equipment, the mechanism for determining the costs of electricity fed to the grid, and the allowable installed capacities for end users.
In terms of the regulation, any electricity injections into the grid must be deducted from the customer’s bill in the month in which they were made. Any surplus in the customer’s favor must be carried over to the following or subsequent months.
The regulation will come into effect when it is published.