Electric utility ratemaking; recovery of costs of solar energy facilities. (HB2237)

Introduced By

Del. David Yancey (R-Newport News)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


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 »


Bill Has Passed


01/19/2015Presented and ordered printed 15103476D
01/19/2015Referred to Committee on Commerce and Labor
01/21/2015Impact statement from SCC (HB2237)
01/22/2015Assigned C & L sub: Special Subcommittee on Energy
02/03/2015Subcommittee recommends reporting with amendment(s) (13-Y 1-N)
02/05/2015Reported from Commerce and Labor with substitute (21-Y 0-N) (see vote tally)
02/05/2015Committee substitute printed 15104729D-H1
02/07/2015Read first time
02/09/2015Read second time
02/09/2015Committee substitute agreed to 15104729D-H1
02/09/2015Engrossed by House - committee substitute HB2237H1
02/10/2015Read third time and passed House (88-Y 10-N 1-A)
02/10/2015VOTE: PASSAGE (88-Y 10-N 1-A) (see vote tally)
02/11/2015Constitutional reading dispensed
02/11/2015Referred to Committee on Commerce and Labor
02/13/2015Impact statement from SCC (HB2237H1)
02/23/2015Reported from Commerce and Labor (12-Y 2-N 1-A) (see vote tally)
02/24/2015Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/24/2015Read third time
02/24/2015Passed by for the day
02/25/2015Read third time
02/25/2015Passed Senate (39-Y 0-N) (see vote tally)
02/25/2015Reconsideration of Senate passage agreed to by Senate (39-Y 0-N) (see vote tally)
02/25/2015Passed Senate (36-Y 3-N) (see vote tally)
03/06/2015Bill text as passed House and Senate (HB2237ER)
03/06/2015Signed by Speaker
03/07/2015Signed by President
03/10/2015Enrolled Bill communicated to Governor on 3/10/15
03/10/2015G Governor's Action Deadline Midnight, Sunday, March 29, 2015
03/10/2015Impact statement from SCC (HB2237ER)
03/26/2015G Approved by Governor-Chapter 599 (effective 7/1/15)
03/26/2015G Acts of Assembly Chapter text (CHAP0599)


This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 3 clips in all, totaling 3 minutes.