Community energy programs; investor-owned electric utilities and electric cooperatives to establish. (HB1285)

Introduced By

Del. Randy Minchew (R-Leesburg) with support from co-patrons Del. Betsy Carr (D-Richmond), Del. Kaye Kory (D-Falls Church), Del. Kathleen Murphy (D-McLean), Del. Rip Sullivan (D-Arlington), and Sen. Jennifer Wexton (D-Leesburg)

Description

Community energy programs. Authorizes investor-owned electric utilities and electric cooperatives to establish a community energy program with a community subscriber organization. Under a community energy program, community subscribers and community subscriber organizations may participate in community net energy metering with mutually agreed community subscriber payment rates and community subscriber credit rates. A community subscriber (i) acquires a subscription that entitles him to a proportional interest in a renewable energy generation facility and (ii) receives a credit on his electric utility bill based on the community subscriber credit rate multiplied by his share of the facility's output. Read the Bill »

Outcome

History