Electricity Regulation Act, 2006 (Act No. 4 of 2006)

Rules

Net-Billing Rules

12. Change of Ownership
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12.1 The Distributor shall ensure that where a Prosumer sells the distributed generator premises operating under these Rules, the new owner of the premises signs a new Agreement with the Distributor to continue operation.

 

12.2 The Distributor shall ensure that the Prosumer forfeits any credits accrued under the net-billing arrangements and is not entitled to transfer any credit amount to any other account.

 

12.3 The Prosumer shall bear all costs and expenses for the transfer of ownership of the distributed generator.