Electric utility rates; incentives for use of alternatives and distributed generation. (HB1409)
Introduced By
Del. Charles Poindexter (R-Glade Hill)
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Electric utility rates; incentives for the use of alternatives and distributed generation. Directs the State Corporation Commission to promulgate regulations requiring electric utilities to offer electric service to nonresidential customers under a tariff that encourages the use of alternative energy sources or supplies and distributed generation. Permissible incentives may include permitting the customer to recover investments in alternative energy sources or supplies and distributed generation, and that by allow the customer and utility to avoid peak prices, demand charges and congestion charges during periods of high system demand. Amends § 56-235.1:1 (“Rates for stand-by electric service at renewable cogeneration facilities.”), of the Code of Virginia. View Full Text »
