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

Bill Has Failed

History

DateAction
01/09/2019Committee
01/09/2019Prefiled and ordered printed; offered 01/09/19 19100534D
01/09/2019Referred to Committee on Commerce and Labor
01/15/2019Impact statement from SCC (HB2500)
01/15/2019Assigned C & L sub: Subcommittee #3
01/24/2019Subcommittee failed to recommend reporting (1-Y 7-N)
01/25/2019Impact statement from SCC (HB2500)
02/05/2019Left in Commerce and Labor

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