SB 255

  • Virginia Senate Bill
  • 2024 Regular Session
  • Introduced in Senate Jan 09, 2024
  • Passed Senate Feb 13, 2024
  • Passed House Feb 23, 2024
  • Signed by Governor Apr 08, 2024

Shared solar programs; SCC to establish by regulation, etc.

Abstract

Shared solar programs; American Electric Power; minimum bill; capacity. Requires the State Corporation Commission to establish by regulation a shared solar program, as defined in the bill, through which customers of American Electric Power may purchase electric power through a subscription in a shared solar facility, as defined in the bill. The bill requires the Commission to establish a minimum bill, which shall include the costs of all utility infrastructure and services used to provide electric service and administrative costs of the shared solar program, taking into account certain considerations. The bill directs the Commission to initiate a proceeding to recalculate such minimum bill within 30 days of its final order in a proceeding establishing the value of a solar renewable energy certificate as required by relevant law. The bill specifies that the Commission shall establish the shared solar program consistent with the requirements of the bill by January 1, 2025, and shall require each utility to file any associated tariffs, agreements, or forms necessary for implementing the program by July 1, 2025. Additionally, the bill requires the Department of Energy to convene a stakeholder work group to determine the amounts and forms of certain project incentives and to submit a written report to the Chairs of the House Committee on Labor and Commerce and the Senate Committee on Commerce and Labor no later than November 30, 2024. This bill is identical to HB 108.

Shared solar programs; American Electric Power; minimum bill; capacity. Requires the State Corporation Commission to establish by regulation a shared solar program, as defined in the bill, through which customers of American Electric Power may purchase electric power through a subscription in a shared solar facility, as defined in the bill. The bill requires the Commission to establish a minimum bill, which shall include the costs of all utility infrastructure and services used to provide electric service and administrative costs of the shared solar program, taking into account certain considerations. The bill directs the Commission to initiate a proceeding to recalculate such minimum bill within 30 days of the deamination of a final order in a proceeding establishing the value of a solar renewable energy certificate as required by relevant law.The bill specifies that the Commission shall establish the shared solar program consistent with the requirements of the bill by January 1, 2025, and shall require each utility to file any associated tariffs, agreements, or forms necessary for implementing the program by July 1, 2025. Additionally, the bill requires the Department of Energy to convene a stakeholder work group to determine the amounts and forms of of certain project incentives and to submit a written report to the Chairmen of the House Committee on Labor and Commerce and the Senate Committee on Commerce and Labor no later than November 30, 2024. 

Shared solar programs; American Electric Power; minimum bill; capacity. Requires the State Corporation Commission to establish by regulation a shared solar program, defined in the bill, that allows customers of American Electric Power (Phase I Utility) the opportunity to purchase electric power through a subscription in a shared solar facility, defined in the bill. The bill provides that a customer's net bill for participation in the shared solar program means the resulting amount a customer must pay the utility after the bill credit, defined in the bill, is deducted from the customer's monthly gross utility bill. The bill also requires the Commission to establish a minimum bill, below which a subscriber's net bill cannot go, that is calculated based on the amount of kilowatt-hours billed by the utility and specifies that low-income customers are exempt from such minimum bill. Under the bill, co-location of two or more shared solar facilities is permitted for shared solar program participation if the facilities are located on a single parcel of land. The bill requires the Commission to (i) establish regulations that prohibit early termination fees and credit reporting for low-income customers, (ii) require net financial savings for subscribers relative to the subscription fee, (iii) require a customer's affirmative consent before providing customer billing and usage data to a subscriber organization, and (iv) establish customer engagement rules. Under the bill, any net crediting fee imposed by the shared solar program shall not exceed one percent of the bill credit value and shall be charged to the subscriber organization. The bill also provides that a utility is permitted to seek recovery of bill credit costs in its triennial base review only if such costs would result in the utility being unable to meet its revenue requirement after accounting for all avoided costs that can be realized by ratepayers. The bill specifies that the Commission shall update its shared solar program consistent with the requirements of the bill by January 1, 2025, and shall require each utility to file any associated tariffs, agreements, or forms necessary for implementing the program by July 1, 2025. Additionally, the bill requires the Department of Energy to convene a stakeholder work group to determine the amounts and forms of project incentives for (a) projects located on rooftops, brownfields, or landfills; (b) projects that are dual-use agricultural facilities; or (c) projects that satisfy another category as established by the Department and to submit a written report to the Chairs of the House Committee on Commerce and Energy and the Senate Committee on Commerce and Labor no later than November 30, 2024.  

Bill Sponsors (2)

Votes


Actions


Apr 22, 2024

Senate

Impact statement from SCC (SB255ER)

Apr 08, 2024

Office of the Governor

Acts of Assembly Chapter text (CHAP0765)

Office of the Governor

Approved by Governor-Chapter 765 (effective 7/1/24)

Mar 11, 2024

Office of the Governor

Governor's Action Deadline 11:59 p.m., April 8, 2024

Senate

Enrolled Bill Communicated to Governor on March 11, 2024

Mar 07, 2024

Senate

Signed by President

Mar 04, 2024

Senate

Bill text as passed Senate and House (SB255ER)

House

Signed by Speaker

Senate

Enrolled

Feb 27, 2024

Senate

House substitute agreed to by Senate (21-Y 18-N)

Senate

Title replaced 24107951D-H1

Feb 26, 2024

Senate

Impact statement from SCC (SB255S1)

Feb 23, 2024

Senate

Senate committee, floor amendments and substitutes offered

House

House committee, floor amendments and substitutes offered

House

House committee, floor amendments and substitutes offered

House

Read third time

House

Committee substitute agreed to 24107951D-H1

House

Amendment by Delegate Sullivan agreed to

House

Engrossed by House - committee substitute with amendment SB255H1

House

Passed House with substitute with amendment (52-Y 46-N)

House

VOTE: Passage (52-Y 46-N)

Feb 22, 2024

House

Read second time

Feb 20, 2024

House

Committee substitute printed 24107951D-H1

House

Reported from Labor and Commerce with substitute (14-Y 8-N)

Feb 15, 2024

House

Referred to Committee on Labor and Commerce

House

Read first time

House

Placed on Calendar

Feb 13, 2024

Senate

Read third time and passed Senate (21-Y 16-N)

Feb 12, 2024

Senate

Read second time

Senate

Engrossed by Senate - committee substitute SB255S1

Senate

Committee substitute agreed to 24107080D-S1

Senate

Reading of substitute waived

Feb 09, 2024

Senate

Committee substitute printed 24107080D-S1

Senate

Senate committee, floor amendments and substitutes offered

Senate

Reported from Commerce and Labor with substitute (10-Y 5-N)

Senate

Constitutional reading dispensed (39-Y 0-N)

Feb 01, 2024

Senate

Impact statement from SCC (SB255)

Jan 09, 2024

Senate

Referred to Committee on Commerce and Labor

Senate

Prefiled and ordered printed; offered 01/10/24 24102100D

Bill Text

Bill Text Versions Format
Prefiled and ordered printed; offered 01/10/24 24102100D PDF HTML
Committee substitute printed 24107080D-S1 PDF HTML
Committee substitute printed 24107951D-H1 PDF HTML
SB255ER PDF HTML
CHAP0765 PDF HTML

Related Documents

Document Format
Fiscal Impact Statement: SB255FER171.PDF PDF
Fiscal Impact Statement: SB255FS1171.PDF PDF
Fiscal Impact Statement: SB255F171.PDF PDF
Amendment: SB255AHE HTML
Amendment: SB255AH HTML

Sources

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