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)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


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 »


Bill Has Passed


01/13/2009Prefiled and ordered printed; offered 01/14/09 098270444
01/13/2009Referred to Committee on Commerce and Labor
01/16/2009Impact statement from SCC (HB1994)
01/26/2009Assigned C & L sub: 3 Energy
02/04/2009Subcommittee recommends reporting with amendment(s)
02/05/2009Reported from Commerce and Labor (21-Y 0-N) (see vote tally)
02/08/2009Read first time
02/09/2009Read second time and engrossed
02/10/2009Read third time and passed House BLOCK VOTE (98-Y 0-N)
02/10/2009VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally)
02/10/2009Reconsideration of passage agreed to by House
02/10/2009Passed House BLOCK VOTE (99-Y 0-N)
02/10/2009VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
02/11/2009Constitutional reading dispensed
02/11/2009Referred to Committee on Commerce and Labor
02/23/2009Reported from Commerce and Labor (12-Y 2-N) (see vote tally)
02/24/2009Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/25/2009Read third time
02/25/2009Amendment by Senator Watkins withdrawn
02/25/2009Passed by for the day
02/26/2009Read third time
02/26/2009Amendment by Senator Watkins withdrawn
02/26/2009Passed Senate (26-Y 13-N) (see vote tally)
02/26/2009Reconsideration of Senate passage agreed to by Senate (38-Y 0-N) (see vote tally)
02/26/2009Passed Senate (22-Y 16-N) (see vote tally)
03/09/2009Bill text as passed House and Senate (HB1994ER)
03/10/2009Impact statement from SCC (HB1994ER)
03/10/2009Signed by President
03/11/2009Signed by Speaker
03/30/2009G Approved by Governor-Chapter 744 (effective 7/1/09)
03/30/2009G Acts of Assembly Chapter text (CHAP0744)


Laura Dely writes:

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