Electric and natural gas utilities; energy efficiency programs. (SB493)
Introduced By
Sen. John Watkins (R-Midlothian) with support from co-patron Sen. Phil Puckett (D-Tazewell)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Utility energy efficiency programs. Provides that an energy efficiency program proposed by an electric utility is in the public interest if the net present value of the benefits exceeds the net present value of the costs as determined by any three of four benefit cost tests. The four tests to be considered are the Total Resource Cost Test, the Utility Cost Test (also referred to as the Program Administrator Test), the Participant Test, and the Ratepayer Impact Measure Test. An electric utility's energy efficiency program may be deemed to be in the public interest if it provides measurable and verifiable energy savings to low-income customers or elderly customers. The current standard for what constitutes a cost-effective conservation and energy efficiency program conducted by a natural gas utility is revised to conform to these new provisions for electric utilities. Finally, the measure expands the definition of "energy efficiency program" with regard to electric utilities to include customer engagement programs that result in measurable and verifiable energy savings that lead to efficient use patterns and practices. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/11/2012 | Prefiled and ordered printed; offered 01/11/12 |
01/11/2012 | Prefiled and ordered printed; offered 01/11/12 12103336D |
01/11/2012 | Referred to Committee on Commerce and Labor |
01/19/2012 | Impact statement from SCC (SB493) |
02/06/2012 | Reported from Commerce and Labor with substitute (16-Y 0-N) (see vote tally) |
02/06/2012 | Committee substitute printed 12105106D-S1 |
02/08/2012 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
02/08/2012 | Impact statement from SCC (SB493S1) |
02/09/2012 | Read second time |
02/09/2012 | Reading of substitute waived |
02/09/2012 | Committee substitute agreed to 12105106D-S1 |
02/09/2012 | Engrossed by Senate - committee substitute SB493S1 |
02/10/2012 | Read third time and passed Senate (40-Y 0-N) (see vote tally) |
02/17/2012 | Placed on Calendar |
02/17/2012 | Read first time |
02/17/2012 | Referred to Committee on Commerce and Labor |
02/21/2012 | Reported from Commerce and Labor (21-Y 0-N) (see vote tally) |
02/23/2012 | Read second time |
02/24/2012 | Read third time |
02/24/2012 | Passed House (96-Y 1-N 1-A) |
02/24/2012 | VOTE: PASSAGE (96-Y 1-N 1-A) (see vote tally) |
02/29/2012 | Enrolled |
02/29/2012 | Bill text as passed Senate and House (SB493ER) |
02/29/2012 | Impact statement from SCC (SB493ER) |
02/29/2012 | Signed by President |
02/29/2012 | Signed by Speaker |
04/09/2012 | Governor's recommendation received by Senate |
04/17/2012 | Placed on Calendar |
04/18/2012 | Senate concurred in Governor's recommendation (39-Y 0-N) (see vote tally) |
04/18/2012 | G Emergency clause added by Governor's recommendation |
04/18/2012 | House concurred in Governor's recommendation (91-Y 0-N 1-A) |
04/18/2012 | VOTE: ADOPTION (91-Y 0-N 1-A) (see vote tally) |
04/18/2012 | G Governor's recommendation adopted |
04/18/2012 | Reenrolled |
04/18/2012 | Reenrolled bill text (SB493ER2) |
04/18/2012 | Signed by President as reenrolled |
04/18/2012 | Signed by Speaker as reenrolled |
04/18/2012 | G Approved by Governor-Chapter 821 (effective 4/18/12) |
04/18/2012 | G Acts of Assembly Chapter text (CHAP0821) |
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 2 minutes.
Comments
is it good from 30 yr standpoint?