HB 396

Abstract

Electric utilities; municipal net energy metering. Updates provisions related to American Electric Power's participation in a municipal net energy metering pilot program and creates similar requirements for a municipal net energy metering pilot program for Dominion Energy Virginia, with a duration of the pilot program for Dominion Energy Virginia until July 1, 2028. The bill directs the State Corporation Commission to review the municipal net energy metering pilot program for Dominion Energy Virginia in 2024 and every two years thereafter. The bill clarifies that the aggregated capacity of generation facilities subject to a net metering pilot program conducted by any utility shall not be considered part of the aggregate net metering cap established pursuant to the Virginia Clean Economy Act. However, the aggregated capacity of generation facilities under each utility's pilot program that is part of a third-party power purchase agreement shall constitute a portion of the existing limit on pilot programs with third-party power purchase agreements.

Electric utilities; municipal net energy metering. Updates provisions related to American Electric Power's participation in a municipal net energy metering pilot program and creates similar requirements for a municipal net energy metering pilot program for Dominion Energy Virginia, with a duration of the pilot program for Dominion Energy Virginia until July 1, 2028. The bill directs the State Corporation Commission to review the municipal net energy metering pilot program for Dominion Energy Virginia in 2024 and every two years thereafter. The bill clarifies that the aggregated capacity of generation facilities subject to a net metering pilot program conducted by any utility shall not be considered part of the aggregate net metering cap established pursuant to the Virginia Clean Economy Act. However, the aggregated capacity of generation facilities under each utility's pilot program that is part of a third-party power purchase agreement shall constitute a portion of the existing limit on pilot programs with third-party power purchase agreements.

Electric utilities; municipal net energy metering.Makes various changes to the pilot program for municipal netenergy metering. The bill (i) provides that a municipality that contractswith a third party to own or operate an electrical generation facilitymay qualify as a municipal customer-generator under the pilot program;(ii) increases the cap on the amount of generating capacity of thegenerating facilities that are the subject of a pilot program conductedby a Phase II Utility from 25 megawatts to 500 megawatts; (iii) providesthat a municipality includes park authorities; (iv) provides thatthe credit offset associated with an account includes 85 percentof the transmission and distribution charges and that the creditincludes all applicable rate adjustment clauses and non-bypassablecharges; (v) provides that municipalities are responsible for demonstratedadministrative costs; and (vi) revises the current six-year durationof any pilot program approved by the Commission to six years or until July 1, 2028, whichever is later.