Renewable Energy Portfolio Standards; created. (SB278)
Introduced By
Sen. Mary Margaret Whipple (D-Arlington)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Renewable portfolio standard. Requires 20% of the electric energy sold by a supplier to retail customers in Virginia to be generated from renewable energy sources by the 2015/2016 reporting year. The requirement is phased in over a 10-year period. A supplier shall be excused from the requirements to the extent that renewable energy resources are not reasonably available in sufficient quantities in the marketplace for the suppliers to meet them. A supplier complies with the requirement by self-generating the renewable energy or purchasing sufficient renewable energy credits. The credits evidence the generation of the energy from renewable sources. A distributor's costs of compliance with these requirements will be recoverable though fuel factor adjustments. Read the Bill »
Status
02/13/2006: Failed to Pass in Committee
History
Date | Action |
---|---|
01/10/2006 | Prefiled and ordered printed; offered 01/11/06 067044844 |
01/10/2006 | Referred to Committee on Commerce and Labor |
01/18/2006 | Fiscal impact statement from SCC (SB278) |
02/13/2006 | Continued to 2007 in Commerce and Labor (15-Y 0-N) |