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2016 SESSION
SB 148 Renewable energy; SCC to establish third-party power purchase agreements.
Introduced by: John S. Edwards | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Renewable energy; third-party power purchase agreements. Replaces the pilot program enacted in 2013 that authorized certain third-party power purchase agreements providing financing of certain renewable generation facilities. The measure requires the State Corporation Commission to establish third-party power purchase agreement programs for each electric utility. The existing pilot program applies only to Dominion Virginia Power and sets the maximum size of a renewable generation facility at one megawatt; the programs authorized by this measure apply to all electric utilities and do not set limits on the size of facilities. The measure also exempts sellers under third-party power purchase agreements from being defined as a public utility, public service corporation, public service company, or electric utility solely because of the sale of electricity or ownership or operation of a renewable generation facility.
FULL TEXT
HISTORY
- 12/29/15 Senate: Prefiled and ordered printed; offered 01/13/16 16101875D
- 12/29/15 Senate: Referred to Committee on Commerce and Labor
- 02/15/16 Senate: Incorporated by Commerce and Labor (SB779-Stuart) (15-Y 0-N)