Electric & natural gas utilities; energy efficiency goals required for investor-owned utilities. (HB1730)

Introduced By

Del. Rip Sullivan (D-Arlington)

Progress

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

Description

Electric and natural gas utilities; energy efficiency goals. Requires investor-owned electric utilities, cooperative electric utilities, and investor-owned natural gas distribution utilities to meet incremental annual energy efficiency goals. Electric utilities are required to implement cost-effective energy efficiency measures to achieve the goal of two percent savings by 2030, with interim goals that start at 0.5 percent for 2016 and increase incrementally to 2030. Gas utilities are required to achieve the goal of one percent savings by 2030, with interim goals that start at 0.25 percent for 2016 and increase incrementally to 2030. The utilities are required to submit energy efficiency plans with the State Corporation Commission. The Commission shall (i) require utilities to report annually on their efforts and progress in meeting the incremental annual energy efficiency goals; (ii) establish requirements for programs implemented by utilities to comply with the incremental annual energy efficiency goals; and (iii) design performance incentives that shall reward utilities for meeting or exceeding efficiency goals. The Commission may consider a penalty for failing to meet efficiency goals. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/12/2015Prefiled and ordered printed; offered 01/14/15 15103082D
01/12/2015Referred to Committee on Commerce and Labor
01/16/2015Impact statement from SCC (HB1730)
01/20/2015Assigned C & L sub: Special Subcommittee on Energy
02/03/2015Subcommittee recommends laying on the table
02/10/2015Left in Commerce and Labor