Renewable portfolio standard program; establish goal for investor-owned incumbent electric utility. (HB1994)
Introduced By
Del. David Bulova (D-Fairfax) with support from co-patrons Del. Ken Plum (D-Reston), Sen. Adam Ebbin (D-Alexandria), and Sen. Jennifer McClellan (D-Richmond)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Renewable portfolio standard program. Establishes a goal for investor-owned incumbent electric utilities to have 15 percent of their total electric energy sales in the base year be from renewable energy sources in calendar year 2025. Currently, such a utility may participate in the voluntary renewable energy portfolio standard program if it demonstrates that it has a reasonable expectation of achieving 12 percent of its base year electric energy sales from certain renewable energy sources during calendar year 2022. A participating utility that meets the specified percentage goals is eligible for performance incentives that increase the fair combined rate of return on common equity and provide an enhanced rate of return on costs associated with the construction of renewable energy generation facilities. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/13/2009 | Committee |
01/13/2009 | Prefiled and ordered printed; offered 01/14/09 098270444 |
01/13/2009 | Referred to Committee on Commerce and Labor |
01/16/2009 | Impact statement from SCC (HB1994) |
01/26/2009 | Assigned C & L sub: 3 Energy |
02/04/2009 | Subcommittee recommends reporting with amendment(s) |
02/05/2009 | Reported from Commerce and Labor (21-Y 0-N) (see vote tally) |
02/08/2009 | Read first time |
02/09/2009 | Read second time and engrossed |
02/10/2009 | Read third time and passed House BLOCK VOTE (98-Y 0-N) |
02/10/2009 | VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally) |
02/10/2009 | Reconsideration of passage agreed to by House |
02/10/2009 | Passed House BLOCK VOTE (99-Y 0-N) |
02/10/2009 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
02/11/2009 | Constitutional reading dispensed |
02/11/2009 | Referred to Committee on Commerce and Labor |
02/23/2009 | Reported from Commerce and Labor (12-Y 2-N) (see vote tally) |
02/24/2009 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
02/25/2009 | Read third time |
02/25/2009 | Amendment by Senator Watkins withdrawn |
02/25/2009 | Passed by for the day |
02/26/2009 | Read third time |
02/26/2009 | Amendment by Senator Watkins withdrawn |
02/26/2009 | Passed Senate (26-Y 13-N) (see vote tally) |
02/26/2009 | Reconsideration of Senate passage agreed to by Senate (38-Y 0-N) (see vote tally) |
02/26/2009 | Passed Senate (22-Y 16-N) (see vote tally) |
03/09/2009 | Enrolled |
03/09/2009 | Bill text as passed House and Senate (HB1994ER) |
03/10/2009 | Impact statement from SCC (HB1994ER) |
03/10/2009 | Signed by President |
03/11/2009 | Signed by Speaker |
03/30/2009 | G Approved by Governor-Chapter 744 (effective 7/1/09) |
03/30/2009 | G Acts of Assembly Chapter text (CHAP0744) |
Comments
Thank you, Del. Bulova! I know this kind of legislation has been tried before, but I commend you for trying again, bc this is the direction that we must turn if we are to build a 21st Century economy.
NoVA LUUP will advocate for its passage, you can count on us.
Best --
Laura Dely
Nova LUUP Insitgator