AMENDMENT(S) REJECTED BY THE SENATE

SEN. MCEACHIN (WITHDRAWN  02/05/2015)

1. Line 107, substitute, at the beginning of the line

strike

all of lines 107 through 121

SEN. MCEACHIN (WITHDRAWN  02/05/2015)

2. Line 122, substitute, at the beginning of the line

strike

all of lines 122 through 160

SEN. MCEACHIN (WITHDRAWN  02/05/2015)

3. Line 160, substitute, after severable.

insert

3. That in connection with planning to meet forecasted demand for electric generation supply and to assure the adequate and sufficient reliability of service consistent with § 56-598 of the Code of Virginia:

1. Each Phase II utility shall issue a request for proposals by July 1, 2015, for the purchase of 500 megawatts or more of generating capacity from energy derived from sunlight located in the Commonwealth and such capacity shall be commercially operational by January 1, 2020. The request for proposals from a Phase II utility shall be open to all bidders, including a Phase II utility and its subsidiaries, and shall include consideration of any and all financial structures, including but not limited to power-purchase agreements, self-build generation, and turnkey projects. The Commission shall oversee the request for proposal process. A Phase II utility shall also design, propose and implement energy efficiency programs pursuant to subdivision A 5 c § 56.-585.1 of the Code of Virginia that would achieve by January 1, 2020, cumulative energy reduction equivalent to 1500 megawatts of baseload generation; and

2. Each Phase I utility shall issue a request for proposals by July 1, 2015, for the purchase of 250 megawatts or more of generating capacity from energy derived from sunlight located in the Commonwealth and such capacity shall be commercially operational by January 1, 2020. The request for proposals from a Phase I utility shall be open to all bidders, including a Phase I utility and its subsidiaries, and shall include consideration of any and all financial structures, including but not limited to power-purchase agreements, self-build generation, and turnkey projects. The Commission shall oversee the request for proposal process. A Phase I utility shall also design, propose and implement  energy efficiency programs pursuant to subdivision A 5 c § 56.-585.1 of the Code of Virginia that would achieve by January 1, 2020, cumulative energy reduction equivalent to 750 megawatts of baseload generation.

SEN. MCEACHIN (WITHDRAWN  02/06/2015)

3. Line 150, substitute, after Regulation.

insert

G. The construction or purchase by an investor-owned incumbent utility of one or more generation facilities with at least one megawatt of generating capacity, and with an aggregate rated capacity of at least 400 megawatts and does not exceed 600 megawatts and has an in-service date no later than January l, 2020, that use energy derived from sunlight and are located in the Commonwealth, regardless of whether any of such facilities are located within or without such utility’s service territory, is in the public interest, and in determining whether to approve such facility, the Commission shall liberally construe the provisions of this act.  Such utility shall utilize goods or services sourced, in whole or in part, from one or more Virginia businesses.  The utility may propose a rate adjustment clause based on a market index in lieu of a cost of service model for such facility.  An investor-owned incumbent utility may enter into short-term or long-term power purchase contracts for the power derived from sunlight generated by such generation facility prior to purchasing the generation facility.