Electric utilities; authorizes retail customer to continue purchasing renewable energy. (HB442)
Introduced By
Del. David Toscano (D-Charlottesville)
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
Electric utilities; renewable energy. Authorizes an electric utility customer to continue generating and selling renewable energy to any entity pursuant to the terms of a power purchase agreement that was in effect on the date the State Corporation Commission approved a tariff for the incumbent electric utility that serves the exclusive service territory in which the customer is located to offer electric energy provided 100 percent from renewable energy, provided that such power purchase agreement complied with applicable law at the time of its execution. The measure also states that the customers' generation and sale of renewable energy under such an agreement is exempt from restrictions on such activities that are a consequence of their occurring within a utility's exclusive service territory. View Full Text »
