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2022 SESSION
SB 505 Electric cooperatives; net energy metering, power purchase agreements, etc.
Introduced by: Lynwood W. Lewis, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS PASSED SENATE: (all summaries)
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 HB 266.
FULL TEXT
- 01/12/22 Senate: Prefiled and ordered printed; offered 01/12/22 22101854D pdf | impact statement
- 01/31/22 Senate: Committee substitute printed 22105614D-S1 pdf
- 03/01/22 Senate: Bill text as passed Senate and House (SB505ER) pdf | impact statement
- 04/11/22 Governor: Acts of Assembly Chapter text (CHAP0364) pdf
AMENDMENTS
HISTORY
- 01/12/22 Senate: Prefiled and ordered printed; offered 01/12/22 22101854D
- 01/12/22 Senate: Referred to Committee on Commerce and Labor
- 01/21/22 Senate: Assigned C&L sub: Energy
- 01/31/22 Senate: Reported from Commerce and Labor with substitute (15-Y 0-N)
- 01/31/22 Senate: Committee substitute printed 22105614D-S1
- 02/02/22 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/03/22 Senate: Read second time
- 02/03/22 Senate: Reading of substitute waived
- 02/03/22 Senate: Committee substitute agreed to 22105614D-S1
- 02/03/22 Senate: Engrossed by Senate - committee substitute SB505S1
- 02/04/22 Senate: Read third time and passed Senate (39-Y 0-N)
- 02/21/22 House: Placed on Calendar
- 02/21/22 House: Read first time
- 02/21/22 House: Referred to Committee on Commerce and Energy
- 02/22/22 House: Reported from Commerce and Energy (22-Y 0-N)
- 02/24/22 House: Read second time
- 02/25/22 House: Read third time
- 02/25/22 House: Passed House BLOCK VOTE (99-Y 0-N)
- 02/25/22 House: VOTE: Block Vote Passage (99-Y 0-N)
- 03/01/22 Senate: Enrolled
- 03/01/22 Senate: Bill text as passed Senate and House (SB505ER)
- 03/01/22 House: Signed by Speaker
- 03/02/22 Senate: Signed by President
- 03/11/22 Senate: Enrolled Bill Communicated to Governor on March 11, 2022
- 03/11/22 Governor: Governor's Action Deadline 11:59 p.m., April 11, 2022
- 04/11/22 Governor: Approved by Governor-Chapter 364 (effective 7/1/22)
- 04/11/22 Governor: Acts of Assembly Chapter text (CHAP0364)