Third-party power purchase agreements; regulation of retail sales of electricity under agreements. (HB2641)

Introduced By

Del. Wendy Gooditis (D-Clarke)

Progress

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

Description

Third-party power purchase agreements. 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 distributed generation facility. The measure provides that the sale of electricity generated at a distributed energy facility by a person that is not a public utility, public service corporation, or public service company to a customer that is purchasing or leasing the distributed energy facility under the terms of a third-party power purchase agreement does not constitute the retail sale of electricity. The measure proscribes State Corporation Commission regulation of the sale of electric energy that is generated on site by a distributed generation facility pursuant to a third-party power purchase agreement. The measure also repeals the pilot program initially enacted in 2013 that authorized Dominion Energy to enter into certain third-party power purchase agreements providing financing of certain renewable generation facilities. Amends § 56-1.2, § 56-265.1, of the Code of Virginia. Read the Bill »

Status

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

History

DateAction
01/10/2019Committee
01/10/2019Presented and ordered printed 19103068D
01/10/2019Referred to Committee on Commerce and Labor
01/15/2019Assigned C & L sub: Subcommittee #3
01/17/2019Impact statement from SCC (HB2641)

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