Electric utility regulation; renewable energy portfolio standard program. (SB498)
Introduced By
Sen. Don McEachin (D-Richmond)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Renewable energy portfolio standard program. Amends the existing renewable energy portfolio standard program to require that for calendar years 2016 through 2025 a utility shall apply (i) renewable energy generated from renewable energy generation facilities owned by the utility, (ii) renewable thermal energy, (iii) certificates issued by the State Corporation Commission and held or acquired by a participating utility that validate a qualified investment made by the participating utility, (iv) renewable energy sales achieved or renewable energy certificates acquired prior to January 1, 2014, or (v) renewable energy sales or renewable energy certificates from electric energy derived from any combination of sunlight, onshore wind, offshore wind, wave motion, tides, or geothermal power generated or purchased in the interconnection region of the regional transmission entity of which the participating utility is a member. A utility shall be able to apply renewable energy from run-of-river generation obtained via power purchase agreements entered into prior to January 1, 2014. A utility shall receive double credit toward meeting the renewable energy portfolio standard for energy derived from onshore wind obtained via power purchase agreements entered into prior to January 1, 2014. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/08/2014 | Prefiled and ordered printed; offered 01/08/14 14101772D |
01/08/2014 | Referred to Committee on Commerce and Labor |
01/27/2014 | Reported from Commerce and Labor with substitute (15-Y 0-N) (see vote tally) |
01/27/2014 | Committee substitute printed 14104428D-S1 |
01/29/2014 | Constitutional reading dispensed (40-Y 0-N) |
01/30/2014 | Read second time |
01/30/2014 | Reading of substitute waived |
01/30/2014 | Committee substitute agreed to 14104428D-S1 |
01/30/2014 | Engrossed by Senate - committee substitute SB498S1 |
01/31/2014 | Impact statement from SCC (SB498S1) |
01/31/2014 | Read third time and passed Senate (40-Y 0-N) |
02/07/2014 | Placed on Calendar |
02/07/2014 | Read first time |
02/07/2014 | Referred to Committee on Commerce and Labor |
02/25/2014 | Reported from Commerce and Labor (21-Y 0-N) (see vote tally) |
02/27/2014 | Read second time |
02/28/2014 | Read third time |
02/28/2014 | Passed House (95-Y 2-N 1-A) |
02/28/2014 | VOTE: PASSAGE (95-Y 2-N 1-A) (see vote tally) |
02/28/2014 | Reconsideration of House passage agreed to by House |
02/28/2014 | Passed House (88-Y 9-N) |
02/28/2014 | VOTE: PASSAGE #2 (88-Y 9-N) (see vote tally) |
03/05/2014 | Enrolled |
03/05/2014 | Bill text as passed Senate and House (SB498ER) |
03/05/2014 | Signed by Speaker |
03/06/2014 | Impact statement from SCC (SB498ER) |
03/08/2014 | Signed by President |
03/31/2014 | G Approved by Governor-Chapter 465 (effective 7/1/14) |
03/31/2014 | G Acts of Assembly Chapter text (CHAP0465) |