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Developed and maintained by the Division of Legislative Automated Systems.
2020 SESSION
20108899DBe it enacted by the General Assembly of Virginia:
1. That § 56-596.2 of the Code of Virginia is amended and reenacted as follows:
§ 56-596.2. Energy efficiency programs.
Each Phase I Utility and Phase II Utility, as such terms are
defined in subdivision A 1 of § 56-585.1, shall develop a proposed program of
energy conservation measures. Any program shall provide for the submission of a
petition or petitions for approval to design, implement, and operate energy
efficiency programs pursuant to subdivision A 5 c of § 56-585.1. At least five
percent of such energy efficiency programs shall benefit low-income, elderly,
and disabled individuals. The projected costs for the utility to design,
implement, and operate such energy efficiency programs and portfolios of
programs, including a margin to be recovered on operating expenses, shall
be no less than an aggregate amount of $140 million for a Phase I Utility and
$870 million for a Phase II Utility for the period beginning July 1, 2018, and
ending July 1, 2028, including any existing approved energy efficiency
programs. In developing such portfolio of energy efficiency programs and
portfolios of programs, each utility shall utilize a stakeholder process,
to be facilitated by an independent monitor compensated under the funding
provided pursuant to subdivision subsection E of § 56-592.1, to
provide input and feedback on (i) the development of such energy
efficiency programs and portfolios of programs; (ii) compliance with the
annual energy efficiency savings programs and how such savings affect utility
integrated resource plans; (iii) recommended policy reforms by which the
General Assembly or the Commission can ensure maximum and cost-effective
deployment of energy efficiency technology across the Commonwealth; and (iv)
best practices for evaluation, measurement, and verification for the purposes
of assessing compliance with the annual energy efficiency savings programs.
Such stakeholder process shall include the participation of
representatives from each utility, relevant directors, deputy directors, and
staff members of the State Corporation Commission who participate
in approval and oversight of utility energy efficiency savings programs,
the office of Consumer Counsel of the Attorney General, the Department of
Mines, Minerals and Energy, energy efficiency program implementers, energy
efficiency providers, residential and small business customers, and any other
interested stakeholder who whom the independent monitor deems
appropriate for inclusion in such process. The independent monitor shall
convene meetings of the participants in the stakeholder process not less
frequently than twice in each calendar year during the period beginning July 1,
2019, and ending July 1, 2028. The independent monitor shall report on the
status of the energy efficiency stakeholder process, including (i)
(a) the objectives established by the stakeholder group during this process
related to programs to be proposed, (ii) (b) recommendations
related to programs to be proposed that result from the stakeholder process,
and (iii) (c) the status of those recommendations, in addition to
the petitions filed and the determination thereon, to the Governor, the
State Corporation Commission, and the Chairmen of the House Committee on
Labor and Commerce and the Senate Committee on Commerce and
Labor Committees on July 1, 2019, and annually thereafter through July
1, 2028.