Renewable energy certificates; tariff filed by cooperative for electric energy. (HB92)

Introduced By

Del. Terry Kilgore (R-Gate City) with support from co-patrons Del. Tom Gear (R-Hampton), Del. Tim Hugo (R-Centreville), Del. Lynwood Lewis (D-Accomac), and Del. Mark Sickles (D-Alexandria)

Progress

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

Description

Electric cooperatives; renewable energy certificates.  Provides that an electric cooperative is deemed to offer an approved tariff for electric energy provided 100 percent from renewable energy if it bundles its electricity with renewable energy certificates. Currently, an individual retail electricity customer may purchase electric energy provided 100 percent from renewable energy from any licensed competitive supplier of electricity if the customer's incumbent electric utility does not offer electricity provided 100 percent from renewable energy. A renewable energy certificate is a tradable commodity issued by a regional transmission entity, including its affiliate or successor, that validates the generation of electricity from renewable energy sources.   View Full Text »

Outcome

Bill Has Passed
View Bill's History