20.62.02.07

.07 Excess Generation.

A. An electric company shall pay a subscriber a dollar amount of excess generation as reasonably adjusted to exclude the distribution, transmission, and noncommodity portion of the customerís bill unless the electric company records subscriber credits as kilowatt hours.

B. An electric company that serves electric retail choice customers shall pay the subscriber for kilowatt hours of excess generation at the lesser of the subscriberís retail supply rate or the Standard Offer Service rate in effect at the time of payment.

C. An electric company that does not provide Standard Offer Service shall pay a subscriber for kilowatt hours of excess generation at the electric companyís avoided cost of generation.

D. An electric company may pay a subscriber an amount of excess generation as a bill credit if the amount of payment is less than $25.

E. An electric company shall make a determination to apply §A, B, or C of this regulation in accordance with the type of subscription credits used for the subscriber according to Regulation .04 of this chapter.