Electric cooperatives; net energy metering, power purchase agreements, etc. (HB266)

Introduced By

Del. Chris Head (R-Roanoke)

Progress

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

Description

Electric cooperatives; net energy metering; power purchase agreements; local facilities usage charges. Permits any customer, besides a farm or small agricultural generating facility and any customer selling power to the electric cooperative, to interconnect with an electric cooperative and enter an agreement for local facilities usage charges. The bill provides that electric cooperatives can seek approval from the State Corporation Commission at any time for a tariff for local facilities usage charges for the use of cooperative system facilities; however, the terms of an independent agreement for local facilities usage charges shall prevail if inconsistent with the approved tariff amount. The bill permits the board of directors of an electric cooperative to approve any voluntary tariff and associated cost recovery without filing additional information with the Commission besides an informational notice. Under the bill, the Commission may administratively approve a change in rate, tariff, or term or condition of service without notice or a hearing. The bill removes the limit on raising the cap for electric cooperatives' generating capacity beyond seven percent of system peak for the purposes of net energy metering. The bill also allows electric cooperatives to permit the use of third-party partial requirements power purchase agreements for eligible customer-generators without separate approval by the Commission; however, the cooperative is required to file a revised net energy metering compliance filing. Additionally, the bill permits impacted cooperative customers to file a petition with the Commission for redress and review of the local facilities usage charges. This bill is identical to SB 505. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/11/2022Committee
01/11/2022Prefiled and ordered printed; offered 01/12/22 22101725D
01/11/2022Referred to Committee on Commerce and Energy
01/20/2022Impact statement from SCC (HB266)
02/01/2022Assigned sub: Subcommittee #2
02/03/2022House subcommittee amendments and substitutes offered
02/03/2022Subcommittee recommends reporting with substitute (10-Y 0-N)
02/08/2022Reported from Commerce and Energy with substitute (22-Y 0-N) (see vote tally)
02/08/2022Committee substitute printed 22105855D-H1
02/10/2022Read first time
02/11/2022Read second time
02/11/2022Committee substitute agreed to 22105855D-H1
02/11/2022Engrossed by House - committee substitute HB266H1
02/14/2022Read third time and passed House BLOCK VOTE (99-Y 0-N)
02/14/2022VOTE: Block Vote Passage (99-Y 0-N) (see vote tally)
02/15/2022Impact statement from SCC (HB266H1)
02/16/2022Constitutional reading dispensed
02/16/2022Referred to Committee on Commerce and Labor
02/21/2022Reported from Commerce and Labor (14-Y 0-N) (see vote tally)
02/23/2022Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/24/2022Read third time
02/24/2022Passed Senate (40-Y 0-N) (see vote tally)
02/28/2022Enrolled
02/28/2022Bill text as passed House and Senate (HB266ER)
02/28/2022Signed by Speaker
02/28/2022Signed by President
03/02/2022Impact statement from SCC (HB266ER)
03/11/2022Enrolled Bill communicated to Governor on March 11, 2022
03/11/2022G Governor's Action Deadline 11:59 p.m., April 11, 2022
04/11/2022G Approved by Governor-Chapter 363 (effective 7/1/22)
04/11/2022G Acts of Assembly Chapter text (CHAP0363)

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