Stand-by service charges; SCC to adopt regulations requiring rates charged by electric utility. (HB2152)
Introduced By
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Stand-by service charges for renewable distributed electrical generation. Directs the State Corporation Commission to promulgate regulations that require the rates charged by an electric utility for stand-by service to customers that operate a cogeneration facility that generates renewable power to vary according to the facility's renewable source of energy. A utility's capacity charges for stand-by service may cover the costs of equipment required to provide service when the generation facility is not generating sufficient power to meet the customer's needs. A utility may not use stand-by service rates to charge such a customer for capacity or generation costs that are not based on the customer's actual electricity consumption. The measure also exempts a renewable cogeneration facility with a capacity up five megawatts or less from stand-by service charges. Amends § 56-235.1:1 (“Rates for stand-by electric service at renewable cogeneration facilities.”), of the Code of Virginia. View Full Text »
