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)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


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 »


Bill Has Passed


01/11/2012Prefiled and ordered printed; offered 01/11/12
01/11/2012Prefiled and ordered printed; offered 01/11/12 12103336D
01/11/2012Referred to Committee on Commerce and Labor
01/19/2012Impact statement from SCC (SB493)
02/06/2012Reported from Commerce and Labor with substitute (16-Y 0-N) (see vote tally)
02/06/2012Committee substitute printed 12105106D-S1
02/08/2012Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/08/2012Impact statement from SCC (SB493S1)
02/09/2012Read second time
02/09/2012Reading of substitute waived
02/09/2012Committee substitute agreed to 12105106D-S1
02/09/2012Engrossed by Senate - committee substitute SB493S1
02/10/2012Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/17/2012Placed on Calendar
02/17/2012Read first time
02/17/2012Referred to Committee on Commerce and Labor
02/21/2012Reported from Commerce and Labor (21-Y 0-N) (see vote tally)
02/23/2012Read second time
02/24/2012Read third time
02/24/2012Passed House (96-Y 1-N 1-A)
02/24/2012VOTE: PASSAGE (96-Y 1-N 1-A) (see vote tally)
02/29/2012Bill text as passed Senate and House (SB493ER)
02/29/2012Impact statement from SCC (SB493ER)
02/29/2012Signed by President
02/29/2012Signed by Speaker
04/09/2012Governor's recommendation received by Senate
04/17/2012Placed on Calendar
04/18/2012Senate concurred in Governor's recommendation (39-Y 0-N) (see vote tally)
04/18/2012G Emergency clause added by Governor's recommendation
04/18/2012House concurred in Governor's recommendation (91-Y 0-N 1-A)
04/18/2012VOTE: ADOPTION (91-Y 0-N 1-A) (see vote tally)
04/18/2012G Governor's recommendation adopted
04/18/2012Reenrolled bill text (SB493ER2)
04/18/2012Signed by President as reenrolled
04/18/2012Signed by Speaker as reenrolled
04/18/2012G Approved by Governor-Chapter 821 (effective 4/18/12)
04/18/2012G Acts of Assembly Chapter text (CHAP0821)


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.

Duplicate Bills

The following bills are identical to this one: HB312 and HB894.


ron skinner writes:

is it good from 30 yr standpoint?