Chile Net Billing Law (Law 20.517 of 2014)

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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