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2015 SESSION
HB 2237 Electric utility ratemaking; recovery of costs of solar energy facilities.
Introduced by: David E. Yancey | all patrons ... notes | add to my profiles
SUMMARY AS PASSED HOUSE: (all summaries)
Electric utilities; costs of solar energy facilities. Authorizes an investor-owned electric utility that purchases a generation facility consisting of at least one megawatt of generating capacity using energy derived from sunlight and located in the Commonwealth and that utilizes goods or services sourced, in whole or in part, from one or more Virginia businesses, to recover the costs of acquiring the facility, with an enhanced rate of return on equity, through a rate adjustment clause. A utility filing a petition for approval of such a project may propose a rate adjustment clause based on a market index in lieu of a cost of service model for such facility. The measure also states that (i) the construction or purchase by a utility of one or more generation facilities with at least one megawatt of generating capacity, and with an aggregate rated capacity that does not exceed 500 megawatts, that use energy derived from sunlight and are located in the Commonwealth, regardless of whether any of such facilities are located within or without the utility's service territory, and (ii) planning and development activities for a new utility-owned and utility-operated generating facility or facilities utilizing energy derived from sunlight with an aggregate capacity of 500 megawatts, are in the public interest.
FULL TEXT
- 01/19/15 House: Presented and ordered printed 15103476D pdf | impact statement
- 02/05/15 House: Committee substitute printed 15104729D-H1 pdf | impact statement
- 03/06/15 House: Bill text as passed House and Senate (HB2237ER) pdf | impact statement
- 03/26/15 Governor: Acts of Assembly Chapter text (CHAP0599) pdf
HISTORY
- 01/19/15 House: Presented and ordered printed 15103476D
- 01/19/15 House: Referred to Committee on Commerce and Labor
- 01/22/15 House: Assigned C & L sub: Special Subcommittee on Energy
- 02/03/15 House: Subcommittee recommends reporting with amendment(s) (13-Y 1-N)
- 02/05/15 House: Reported from Commerce and Labor with substitute (21-Y 0-N)
- 02/05/15 House: Committee substitute printed 15104729D-H1
- 02/07/15 House: Read first time
- 02/09/15 House: Read second time
- 02/09/15 House: Committee substitute agreed to 15104729D-H1
- 02/09/15 House: Engrossed by House - committee substitute HB2237H1
- 02/10/15 House: Read third time and passed House (88-Y 10-N 1-A)
- 02/10/15 House: VOTE: PASSAGE (88-Y 10-N 1-A)
- 02/11/15 Senate: Constitutional reading dispensed
- 02/11/15 Senate: Referred to Committee on Commerce and Labor
- 02/23/15 Senate: Reported from Commerce and Labor (12-Y 2-N 1-A)
- 02/24/15 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/24/15 Senate: Read third time
- 02/24/15 Senate: Passed by for the day
- 02/25/15 Senate: Read third time
- 02/25/15 Senate: Passed Senate (39-Y 0-N)
- 02/25/15 Senate: Reconsideration of Senate passage agreed to by Senate (39-Y 0-N)
- 02/25/15 Senate: Passed Senate (36-Y 3-N)
- 03/06/15 House: Enrolled
- 03/06/15 House: Bill text as passed House and Senate (HB2237ER)
- 03/06/15 House: Signed by Speaker
- 03/07/15 Senate: Signed by President
- 03/10/15 House: Enrolled Bill communicated to Governor on 3/10/15
- 03/10/15 Governor: Governor's Action Deadline Midnight, Sunday, March 29, 2015
- 03/26/15 Governor: Approved by Governor-Chapter 599 (effective 7/1/15)
- 03/26/15 Governor: Acts of Assembly Chapter text (CHAP0599)