As used in this chapter:

(1)  “Customer” means a person who, for primarily personal, family, or household purposes:

(i)  Purchases a residential solar energy system under a system purchase agreement;

(ii)  Leases a residential solar energy system under a system lease agreement; or

(iii)  Purchases electricity under a power purchase agreement.

(2)  “Division” means the division of public utilities and carriers.

(3)  “Power purchase agreement” means an agreement:

(i)  Between a customer and a solar retailer;

(ii)  For the customer’s purchase of electricity generated by a residential solar energy system owned by the solar retailer; and

(iii)  That provides for the customer to make payments over a term of at least five (5) years.

(4)  “Residential solar energy system” means a solar energy system that:

(i)  Is installed in the state;

(ii)  Generates electricity primarily for on-site consumption for personal, family, or household purposes;

(iii)  Is situated on no more than four (4) units of residential real property;

(iv)  Has an electricity delivery capacity that exceeds one kilowatt; and

(v)  Does not include a generator that:

(A)  Produces electricity; and

(B)  Is intended for occasional use.

(5)  “Solar agreement” means a system purchase agreement, a system lease agreement, or a power purchase agreement.

(6)  “Solar energy system” means a system or configuration of solar energy devices that collects and uses solar energy to generate electricity.

(7)  “Solar retailer” means a person who:

(i)  Sells or proposes to sell a residential solar energy system to a customer under a system purchase agreement;

(ii)  Owns the residential solar energy system that is the subject of a system lease agreement or proposed system lease agreement; or

(iii)  Sells or proposes to sell electricity to a customer under a power purchase agreement.

(8)  “System lease agreement” means an agreement:

(i)  Under which a customer leases a residential solar energy system from a solar retailer; and

(ii)  That provides for the customer to make payments over a term of at least five (5) years for the lease of the residential solar energy system.

(9)  “System purchase agreement” means an agreement under which a customer purchases a residential solar energy system from a solar retailer.

History of Section.
P.L. 2022, ch. 255, § 1, effective June 28, 2022; P.L. 2022, ch. 256, § 1, effective June 28, 2022.