Home Energy Generation Act

Home Energy Generation Act - Amends the Federal Power Act to mandate that: (1) each retail electric supplier make available an electric energy meter capable of net metering to certain retail customers that have installed an energy generation unit intended for net metering; and (2) rates, charges, and contract terms for electric energy sales to customer-generators be equal to those that would be applicable if the customer-generator did not own or operate a qualified generation unit and use a net metering system.

Prescribes the manner in which such retail electric suppliers shall calculate the net energy measurement and billing for a customer using a net metering system.

Sets forth public disclosure and safety and performance standards. Grants the Federal Energy Regulatory Commission (FERC) regulatory oversight with respect to safety standards and attendant charges.

Sets a deadline for FERC to promulgate: (1) model interconnection standards between local distribution systems and qualified generation units and electric generation units; and (2) regulations ensuring simplified contracts will be used for the interconnection of electric energy by electric energy transmission or distribution systems and generating facilities with a power production capacity of 250 kilowatts or less.