What is Net Metering?
Net metering is an optional policy instituted by HMLP. It is meant to be a minor incentive for rate payers wishing to install solar generation on their residential roof tops. Hull Municipal Light Plant (HMLP) has updated its net metering policy to ensure fair and sustainable energy practices, effective April 1, 2026.
Key Features of the New Policy
What is Net Metering?
- A monthly charge of $2.00 per kilowatt (kW) of installed solar generation capacity (AC).
- How it works: Multiply your solar system’s capacity in kW by $2.00. For example, a 5 kW system incurs a $10.00 monthly charge (5 kW × $2.00).
Minimum Monthly Bill
- Includes the current standard Customer Charge of $9.11 and ATG charge of $10.43 (applicable to all residential ratepayers) plus the Distribution Charge based on your system’s kW capacity.
- Example: For a 5 kW system, the minimum monthly bill is $9.11 + $10.00 + $10.43 = $29.54.
Net Metering Credit
- HMLP credits excess energy at 75% of the Residential Retail Rate
- Important: Credits expire at the end of the March annually (March 31). Plan your energy usage to maximize your benefits! Bills are due on time with no exceptions and are subject to HMLP termination policy for non-payment
Why the Change?
The updated policy balances the costs of maintaining the grid while supporting renewable energy. The distribution charge ensures that all customers contribute to grid upkeep, and the credit aligns with real market prices for fair compensation.