Electric utilities; net energy metering. (HB2547)

Introduced By

Del. Tim Hugo (R-Centreville)

Progress

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

Description

Electric utilities; net energy metering. Establishes requirements for net energy metering by electric cooperatives effective upon the earlier of July 1, 2019, or the effective date of implementing regulations by the State Corporation Commission. Instances where the new net energy metering program's requirements differ from those of the existing program include (i) the cap on the capacity of generating facilities, which will initially be two percent of system peak for residential customers, two percent of system peak for not-for-profit and nonjurisdictional customers, and one percent of system peak for other nonresidential customers; (ii) authorizing an electric cooperative to raise these caps up to a cumulative total of seven percent of its system peak; (iii) legalizing third-party partial requirements power purchase agreements for those retail customers and nonjurisdictional customers of an electric cooperative that are exempt from federal income taxation; and (iv) establishing registration requirements for third-party partial requirements power purchase agreements, including a self-certification system under which a provider is required to certify to the Division, under oath and subject to the penalties of perjury and debarment as a provider, certain information. The measure also establishes a procedure by which an investor-owned utility may petition the Commission for a new net energy metering rate schedule when the utility is within 12 months of its systemwide cap on participation in its net energy metering program. The measure authorizes the board of directors of an electric cooperative to adjust its rates, terms, conditions, and rate schedules governing net energy metering and prohibits a cooperative after the date of such an adjustment from collecting stand-by charges. The measure authorizes an electric cooperative to adopt a new rate schedule or rider containing demand charges based upon a net energy metering customer's noncoincident peak demand and provides for alternative caps on its net energy metering program. The measure authorizes a cooperative's fixed monthly charge covering the fixed costs of owning and operating its electric distribution system as an alternative to volumetric charges associated with demand; currently, the monthly charge may be assessed as an alternative to volumetric charges for electricity usage. The measure also authorizes an investor-owned utility participating in the pilot program for community solar development to petition the Commission to make its pilot program permanent. Amends § 56-585.3, § 56-594, of the Code of Virginia. Read the Bill »

Status

01/15/2019: Awaiting a Vote in the Commerce and Labor Committee

History

DateAction
01/09/2019Committee
01/09/2019Prefiled and ordered printed; offered 01/09/19 19103847D
01/09/2019Impact statement from VCSC (HB2547)
01/09/2019Referred to Committee on Commerce and Labor
01/15/2019Assigned C & L sub: Subcommittee #3
01/17/2019Impact statement from SCC (HB2547)

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