Mike Webert
- Republican
- Delegate
- District 61
Energy efficiency programs; incremental annual savings. Provides that for the 2029 program year and all subsequent years, "in the public interest" for the purpose of assessing energy efficiency programs means that the State Corporation Commission determines that the program is cost-effective. The bill directs the Commission to promulgate regulations no later than September 30, 2025, establishing a single, consistent cost-effectiveness test for use in evaluating proposed energy efficiency programs. The bill requires Dominion Energy Virginia and Appalachian Power Company to track, quantify, and report to the Commission the incremental annual savings, as defined in the bill, achieved by such utility's energy efficiency programs. This bill is identical to SB 565.
Energy efficiency programs; incremental annualsavings. Provides that for the 2029 program year and all subsequent years, "in the public interest" for the purpose of assessing energy efficiency programs means that the Commission determines that the program is cost-effective. The bill directs the Commission to promulgate regulations no later than September 30, 2025, establishing a single, consistent cost-effectiveness test for use in evaluating proposed energy efficiency programs. The bill requires Dominion Energy Virginia and Appalachian Power Company to track, quantify, and report to the Commission the incremental annual savings, as defined in the bill, achieved by such utility's energy efficiency programs.
Energy efficiency programs; incremental annualsavings. Provides that it is in the public interest and the policyof the Commonwealth to deploy demand-side management programs andenergy efficiency measures throughout the Commonwealth to achievethe greatest possible reductions in energy consumption. The billpermits the State Corporation Commission to increase or decreasean investor-owned electric utility's combined rate of return basedon the utility's success in complying with energy efficiency programtargets in existing law. Additionally, the bill states that "in thepublic interest" for the purpose of assessing energy efficiency programsmeans that the Commission determines that the program is cost-effective.Finally, the bill directs the Commission to promulgate regulationsno later than December 31, 2025, establishing a single, consistent cost-effectiveness test for use in evaluating proposed energy efficiency programs.
House concurred in Governor's recommendation (95-Y 5-N)
Acts of Assembly Chapter text (CHAP0818)
Enacted, Chapter 818 (effective 7/1/24)
Signed by President as reenrolled
Signed by Speaker as reenrolled
Reenrolled bill text (HB746ER2)
Reenrolled
Governor's recommendation adopted
Senate concurred in Governor's recommendation (39-Y 1-N)
VOTE: Adoption (95-Y 5-N)
Governor's recommendation received by House
Governor's Action Deadline 11:59 p.m., April 8, 2024
Enrolled Bill communicated to Governor on March 11, 2024
Signed by President
Impact statement from SCC (HB746S1)
Bill text as passed House and Senate (HB746ER)
Signed by Speaker
Enrolled
VOTE: Adoption (90-Y 8-N)
Senate substitute with amendment agreed to by House 24107976D-S1 (90-Y 8-N)
Reading of amendment waived
Read third time
Reading of substitute waived
Committee substitute agreed to 24107976D-S1
Amendment by Senator Deeds agreed to
Engrossed by Senate - committee substitute with amendment HB746S1
Passed Senate with substitute with amendment (21-Y 18-N)
Constitutional reading dispensed (39-Y 0-N)
Committee substitute printed 24107976D-S1
Reported from Commerce and Labor with substitute (9-Y 6-N)
Senate committee, floor amendments and substitutes offered
Impact statement from SCC (HB746H1)
Referred to Committee on Commerce and Labor
Constitutional reading dispensed
VOTE: Passage (90-Y 7-N)
Read third time and passed House (90-Y 7-N)
Read second time
Engrossed by House - committee substitute HB746H1
Committee substitute agreed to 24106758D-H1
Read first time
Committee substitute printed 24106758D-H1
Reported from Labor and Commerce with substitute (19-Y 3-N)
House subcommittee amendments and substitutes offered
Subcommittee recommends reporting with substitute (8-Y 2-N)
Impact statement from SCC (HB746)
Assigned L & C sub: Subcommittee #3
Prefiled and ordered printed; offered 01/10/24 24101834D
Referred to Committee on Labor and Commerce
Bill Text Versions | Format |
---|---|
Prefiled and ordered printed; offered 01/10/24 24101834D | PDF HTML |
Committee substitute printed 24106758D-H1 | PDF HTML |
Committee substitute printed 24107976D-S1 | PDF HTML |
HB746ER | PDF HTML |
HB746ER2 | PDF HTML |
CHAP0818 | PDF HTML |
Document | Format |
---|---|
Fiscal Impact Statement: HB746FS1171.PDF | |
Fiscal Impact Statement: HB746FH1171.PDF | |
Fiscal Impact Statement: HB746F171.PDF | |
Amendment: HB746ASE | HTML |
Amendment: HB746AS | HTML |
Amendment: HB746AG | HTML |
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