Electric utilities; resource planning. (SB311)

Introduced By

Sen. Roscoe Reynolds (D-Martinsville)

Progress

√
 Introduced
√
 Passed Committee
√
 Passed House
√
 Passed Senate
☐
 Signed by Governor
√
 Became Law

Description

Electric utility planning. Requires investor-owned electric utilities and electric cooperatives to submit, by January 1, 2009, a procurement plan that sets forth how it intends to meet its obligation to provide electric generation supply for its customers over the next 20 years. The procurement plan shall integrate, over the term of the plan, the electric utility's forecast of demand with actions to meet the forecasted demand, and identify a portfolio of electric generation supply resources that is likely to provide the electric generation supply needed to meet the forecasted demand at the lowest total price with reasonable price stability so as to assure just and reasonable prices. Updated procurement plans will be filed every two years thereafter. State Corporation Commission approval of a procurement plan is required. The measure also restricts requirements that residential customers use advanced metering technologies. Amends § 56-597, § 56-602, of the Code of Virginia. View Full Text »

Outcome

Bill Has Passed

History

  • 01/08/2008 Prefiled and ordered printed; offered 01/09/08 080107316
  • 01/08/2008 Referred to Committee on Commerce and Labor
  • 01/16/2008 Impact statement from SCC (SB311)
  • 02/11/2008 Committee substitute printed 080193316-S1
  • 02/11/2008 Reported from Commerce and Labor with substitute (15-Y 0-N) (see vote tally)
  • 02/12/2008 Read second time
  • 02/12/2008 Reading of substitute waived
  • 02/12/2008 Committee substitute agreed to 080193316-S1
  • 02/12/2008 Engrossed by Senate - committee substitute SB311S1
  • 02/12/2008 Constitutional reading dispensed (40-Y 0-N) (see vote tally)
  • 02/12/2008 Passed Senate (39-Y 0-N) (see vote tally)
  • 02/12/2008 Reconsideration of passage agreed to by Senate (40-Y 0-N) (see vote tally)
  • 02/12/2008 Passed Senate (40-Y 0-N) (see vote tally)
  • 02/12/2008 Communicated to House
  • 02/13/2008 Placed on Calendar
  • 02/13/2008 Read first time
  • 02/13/2008 Referred to Committee on Commerce and Labor
  • 02/15/2008 Impact statement from SCC (SB311S1)
  • 02/19/2008 Reported from Commerce and Labor (22-Y 0-N) (see vote tally)
  • 02/21/2008 Read second time
  • 02/22/2008 Read third time
  • 02/22/2008 Passed House BLOCK VOTE (94-Y 0-N)
  • 02/22/2008 VOTE: BLOCK VOTE PASSAGE (94-Y 0-N)
  • 02/25/2008 Enrolled
  • 02/25/2008 Bill text as passed Senate and House (SB311ER)
  • 02/25/2008 Signed by Speaker
  • 02/26/2008 Signed by President
  • 02/28/2008 Impact statement from SCC (SB311ER)
  • 03/06/2008 Governor's recommendation received by House
  • 03/06/2008 Governor's substitute printed 089580802-S2
  • 03/06/2008 Governor's recommendation received by Senate
  • 03/06/2008 Placed on Calendar
  • 03/07/2008 Senate concurred in Governor's recommendation (40-Y 0-N) (see vote tally)
  • 03/08/2008 Enacted, Chapter (effective 7/1/08)
  • 03/08/2008 House concurred in Governor's recommendation (100-Y 0-N)
  • 03/08/2008 VOTE: --- ADOPTION (100-Y 0-N)
  • 03/08/2008 G Governor's recommendation adopted
  • 03/08/2008 Reenrolled
  • 03/08/2008 Reenrolled bill text (SB311ER2)
  • 03/08/2008 Signed by President as reenrolled
  • 03/08/2008 Signed by Speaker as reenrolled
  • 03/08/2008 Enacted, Chapter 476 (effective 7/1/08)
  • 03/12/2008 Impact statement from SCC (SB311ER2)
  • 03/12/2008 Impact statement from SCC (SB311S2)
  • 03/14/2008 G Acts of Assembly Chapter text (CHAP0476)

Duplicate Bills

The following bills are identical duplicates of this one: HB1523.

Comments

Mary Martin writes:

Would have loved to see SB 93 move forward but it didn't.However when the patron of the bill does not lobby their fellow Senate members to help with it, it is doomed from the start. From my conversations with some members of the Senate there was very little if any discussion of this bill. This is the one thing left concerning the outrageous electric bills consumers in Southside Virginia are being saddled with. It is not what is needed to fix the major blunder at the 2007 session with the deregulation, it is better than nothing. We have citizens here with light bills as high as their house payments! Seniors get a 2.5% raise and the light bill goes up 12%! I am not a math whiz by any means, but this isn't cutting it!

Posted 64 months ago.