Renewable energy portfolio standard program; credits for investments. (HB1102)

Introduced By

Del. Jackson Miller (R-Manassas) with support from 12 copatrons, whose average partisan position is:

Those copatrons are Del. Mark Cole (R-Fredericksburg), Del. Gordon Helsel (R-Poquoson), Del. Sal Iaquinto (R-Virginia Beach), Del. Manoli Loupassi (R-Richmond), Del. John O'Bannon (R-Richmond), Del. Charles Poindexter (R-Glade Hill), Del. David Ramadan (R-South Riding), Del. Tom Rust (R-Herndon), Del. Chris Stolle (R-Virginia Beach), Del. Ron Villanueva (R-Virginia Beach), Del. Michael Webert (R-Marshall), Del. David Yancey (R-Newport News)

Progress

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

Description

Renewable energy portfolio standard program; credits for investments.  Allows any investor-owned electric utility that participates in the renewable energy portfolio standard program to meet up to 20 percent of an RPS Goal through certificates evidencing the utility's expenses in conducting research and development activities related to renewable or alternative energy sources. To qualify, such expenses shall either (i) be designed to enhance the participating utility's understanding of emerging energy technologies and their potential impact on and value to the utility's system and customers within the Commonwealth; (ii) promote economic development within the Commonwealth; (iii) supplement customer-driven alternative energy or energy efficiency initiatives; (iv) supplement alternative energy and energy efficiency initiatives at state or local governmental facilities in the Commonwealth; or (v) be designed to mitigate the environmental impacts of renewable energy projects. The State Corporation Commission shall issue certificates to utilities making qualified investments based on the prices for renewable energy certificates in the interconnection region of the regional transmission entity of which the utility is a member. Qualified investments are stated to be reasonable and prudent operating expenses of a participating utility. A participating utility is not authorized to recover the costs associated with qualified investments through rate adjustment clauses and is not authorized to earn a return on its qualified investments.

Outcome

Bill Has Passed

History

DateAction
01/11/2012Committee
01/11/2012Prefiled and ordered printed; offered 01/11/12 12101999D
01/11/2012Referred to Committee on Commerce and Labor
01/19/2012Impact statement from SCC (HB1102)
01/19/2012Reported from Commerce and Labor (22-Y 0-N) (see vote tally)
01/23/2012Read first time
01/24/2012Passed by for the day
01/25/2012Read second time
01/25/2012Amendments by Delegate Miller, J.H. agreed to
01/25/2012Engrossed by House as amended HB1102E
01/25/2012Printed as engrossed 12101999D-E
01/26/2012Read third time and passed House (88-Y 10-N 1-A)
01/26/2012VOTE: PASSAGE (88-Y 10-N 1-A) (see vote tally)
01/27/2012Constitutional reading dispensed
01/27/2012Referred to Committee on Commerce and Labor
01/27/2012Impact statement from SCC (HB1102E)
02/13/2012Reported from Commerce and Labor with amendments (14-Y 2-N) (see vote tally)
02/14/2012Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/15/2012Read third time
02/15/2012Reading of amendments waived
02/15/2012Committee amendments agreed to
02/15/2012Engrossed by Senate as amended
02/15/2012Passed Senate with amendments (28-Y 12-N) (see vote tally)
02/16/2012Placed on Calendar
02/17/2012Senate amendments rejected by House (2-Y 95-N 1-A)
02/17/2012VOTE: REJECTED (2-Y 95-N 1-A) (see vote tally)
02/21/2012Senate receded from amendments (37-Y 2-N) (see vote tally)
02/24/2012Enrolled
02/24/2012Bill text as passed House and Senate (HB1102ER)
02/24/2012Impact statement from SCC (HB1102ER)
02/24/2012Signed by Speaker
02/27/2012Signed by President
03/20/2012G Approved by Governor-Chapter 274 (effective 7/1/12)
03/20/2012G Acts of Assembly Chapter text (CHAP0274)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 2 clips in all, totaling 4 minutes.

Duplicate Bills

The following bills are identical to this one: SB413.

Comments

ron skinner writes:

find out what it means?

Keith Stoneberger writes:

Here is a start:

http://pagecountyblog.com/fibrowatt-here-is-some-info/

http://pagecountyblog.com/fibrowatt-is-not-going-to-go-away/

http://pagecountyblog.com/fibrowatt-is-still-looking-in-the-valley/