Renewable energy; SCC to establish third-party power purchase agreements. (SB148)

Introduced By

Sen. John Edwards (D-Roanoke)

Progress

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

Description

Renewable energy; third-party power purchase agreements. Replaces the pilot program enacted in 2013 that authorized certain third-party power purchase agreements providing financing of certain renewable generation facilities. The measure requires the State Corporation Commission to establish third-party power purchase agreement programs for each electric utility. The existing pilot program applies only to Dominion Virginia Power and sets the maximum size of a renewable generation facility at one megawatt; the programs authorized by this measure apply to all electric utilities and do not set limits on the size of facilities. The measure also exempts sellers under third-party power purchase agreements from being defined as a public utility, public service corporation, public service company, or electric utility solely because of the sale of electricity or ownership or operation of a renewable generation facility. Read the Bill »

Status

02/15/2016: Incorporated into Another Bill

History

DateAction
12/29/2015Prefiled and ordered printed; offered 01/13/16 16101875D
12/29/2015Referred to Committee on Commerce and Labor
01/12/2016Impact statement from SCC (SB148)
02/15/2016Incorporated by Commerce and Labor (SB779-Stuart) (15-Y 0-N) (see vote tally)