SB 401 amends the Georgia Cogeneration and Distributed Generation Act of 2001 (the Act) to provide a greater range of financing tools, including power purchase agreements, for distributed generation projects. (Distributed generation is electric power provided by customers on their premises primarily to meet their on-site needs.)  It also expands Georgia’s distributed generation statute to add biomass, municipal solid waste, landfill gas, and hydropower as eligible resources and to remove existing caps on the size of individual projects. 

This applies to when commercial companies own and operate customer-sited solar systems and lease solar equipment or sell solar electricity generated on-site to local governments at or below current utility costs.