NET METERING STUDY AND EVALUATION.

SEC. 8015. NET METERING STUDY AND EVALUATION. (a) In General.—Not later than 180 days after the date of enactment of this Act, the Secretary of Energy shall seek to enter into an agreement with the National Academies of Sciences, Engineering, and Medicine (referred to in this section as the “National Academies”) under which the National Academies shall— (1) study the opportunities and challenges associated with net metering; and (2) evaluate the expected medium- and long-term impacts of net metering. (b) Elements.—The study and evaluation conducted pursuant to the agreement entered into under subsection (a) shall address— (1) developments in net metering, including the emergence of new technologies; (2) alternatives to existing metering systems that— (A) provide for transactions that— (i) measure electric energy consumption by an electric consumer at the home or facility of that electric consumer; and (ii) are capable of sending electric energy usage information through a communications network to an electric utility; (B) promote equitable distribution of resources and costs; and (C) provide incentives for the use of distributed renewable generation; (3) net metering planning and operating techniques; (4) effective architecture for net metering; (5) successful net metering business models; (6) consumer and industry incentives for net metering; (7) the role of renewable resources in the electric grid; (8) the role of net metering in developing future models for renewable infrastructure; and (9) the use of battery storage with net metering. (c) Report.— (1) In general.—The agreement entered into under subsection (a) shall require the National Academies to submit to the Secretary of Energy, not later than 2 years after entering into the agreement, a report that describes the results of the study and evaluation conducted pursuant to the agreement. (2) Public availability.—The report submitted under paragraph (1) shall be made available to the public through electronic means, including the internet.