Chile Net Billing Law (Law 20.517 of 2014)

Source: International Energy Agency
Last updated: 12 May 2021
The net billing law (Law 20.517 of 2014) basically grants users the right to sell their surplus directly to the grid (electricity distributor) at a regulated price.Customers who provide excess electricity generated from renewable sources or co-generation plants receive a credit on their electricity bill. The value is equivalent to the price/kWh charged by the distributors to their regulated consumers.In case the customer's credit exceeds its own consumption in a particular month, the billing credit is rolled over to the subsequent months.

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