Electric utilities; mandatory renewable energy portfolio standard. (HB2500)
Introduced By
Del. Rip Sullivan (D-Arlington) with support from co-patron Del. Alfonso Lopez (D-Arlington)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Electric utilities; mandatory renewable energy portfolio standard. Replaces the existing voluntary renewable energy portfolio standard program with a mandatory renewable portfolio standard program that requires each investor-owned electric utility to generate or purchase, from facilities in the Commonwealth, increasing percentages of electric power that is generated from qualifying renewable sources. The required percentages start at a minimum of 20 percent of the total electric energy sold in 2020. The required percentages increase in steps until 2027; in that year and thereafter, at least 80 percent of the total electric energy sold is required to be generated from qualifying renewable sources. A utility that fails to comply with an RPS standard established for a year is required to pay a compliance fee of 10 cents for each kilowatt-hour by which it failed to meet the standard. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/09/2019 | Committee |
01/09/2019 | Prefiled and ordered printed; offered 01/09/19 19100534D |
01/09/2019 | Referred to Committee on Commerce and Labor |
01/15/2019 | Impact statement from SCC (HB2500) |
01/15/2019 | Assigned C & L sub: Subcommittee #3 |
01/24/2019 | Subcommittee failed to recommend reporting (1-Y 7-N) |
01/25/2019 | Impact statement from SCC (HB2500) |
02/05/2019 | Left in Commerce and Labor |