Electric utility ratemaking; recovery of costs of solar energy facilities. (HB2237)
Introduced By
Del. David Yancey (R-Newport News)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Electric utilities; costs of solar energy facilities. Authorizes an investor-owned electric utility that purchases a solar power generation facility located in the Commonwealth consisting of at least five megawatts of generating capacity to recover the costs of acquiring the facility, with an enhanced rate of return on equity, through a rate adjustment clause. The rate adjustment clause for recovering such costs may be based on a market index in lieu of a cost of service model. The measure also states that (i) the construction or purchase by a utility of such a solar power generation facility and (ii) planning and development activities for solar energy facilities are in the public interest. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/19/2015 | Committee |
01/19/2015 | Presented and ordered printed 15103476D |
01/19/2015 | Referred to Committee on Commerce and Labor |
01/21/2015 | Impact statement from SCC (HB2237) |
01/22/2015 | Assigned C & L sub: Special Subcommittee on Energy |
02/03/2015 | Subcommittee recommends reporting with amendment(s) (13-Y 1-N) |
02/05/2015 | Reported from Commerce and Labor with substitute (21-Y 0-N) (see vote tally) |
02/05/2015 | Committee substitute printed 15104729D-H1 |
02/07/2015 | Read first time |
02/09/2015 | Read second time |
02/09/2015 | Committee substitute agreed to 15104729D-H1 |
02/09/2015 | Engrossed by House - committee substitute HB2237H1 |
02/10/2015 | Read third time and passed House (88-Y 10-N 1-A) |
02/10/2015 | VOTE: PASSAGE (88-Y 10-N 1-A) (see vote tally) |
02/11/2015 | Constitutional reading dispensed |
02/11/2015 | Referred to Committee on Commerce and Labor |
02/13/2015 | Impact statement from SCC (HB2237H1) |
02/23/2015 | Reported from Commerce and Labor (12-Y 2-N 1-A) (see vote tally) |
02/24/2015 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
02/24/2015 | Read third time |
02/24/2015 | Passed by for the day |
02/25/2015 | Read third time |
02/25/2015 | Passed Senate (39-Y 0-N) (see vote tally) |
02/25/2015 | Reconsideration of Senate passage agreed to by Senate (39-Y 0-N) (see vote tally) |
02/25/2015 | Passed Senate (36-Y 3-N) (see vote tally) |
03/06/2015 | Enrolled |
03/06/2015 | Bill text as passed House and Senate (HB2237ER) |
03/06/2015 | Signed by Speaker |
03/07/2015 | Signed by President |
03/10/2015 | Enrolled Bill communicated to Governor on 3/10/15 |
03/10/2015 | G Governor's Action Deadline Midnight, Sunday, March 29, 2015 |
03/10/2015 | Impact statement from SCC (HB2237ER) |
03/26/2015 | G Approved by Governor-Chapter 599 (effective 7/1/15) |
03/26/2015 | G Acts of Assembly Chapter text (CHAP0599) |