§269-105  Calculation.  The net energy metering calculation shall be made by measuring the difference between the electricity supplied to the eligible customer-generator and:

     (1)  The electricity generated by the eligible customer-generator and fed back to the electric grid over a monthly billing period; and

     (2)  Any unused credits for excess electricity from the eligible customer-generator carried over from previous months since the last twelve-month reconciliation period. [L 2001, c 272, pt of §6; am L 2005, c 104, §5]