Virginia Senate Bill 276
Session 2024
Phase I and Phase II Utilities; SCC to study feasibility of an energy upgrade program.
Active
Vetoed by Governor on Apr 8, 2024
Origin Chamber
Senate
Type
Bill
Bill Number
276
State
Virginia
Session
2024
Motion Text
House amendments agreed to by Senate (22-Y 17-N)
Senate Roll Call Votes
Yes
Didn't Vote
Yes
Yes
Summary
Energy upgrade programs; implementation plans; capital investment requirements; cost recovery. Requires Dominion Energy Virginia (Phase II Utility) and American Electric Power (Phase I Utility) to implement an energy upgrade program by January 1, 2025. The bill states that such program shall allow a program operator, as defined in the bill, to implement an energy upgrade project at a customer's location and recover the costs of such project by imposing a special rate charge that is payable directly through the customer's utility bill. The bill contains provisions related to setting a special rate charge, notifying eligible customers, and marketing such program. The bill directs the State Corporation Commission to establish program guidelines and set the required amount of capital investment with incremental increases required by each utility. The bill also outlines the duties of program operators and requires each utility to hire a program operator by January 1, 2025, and to file an implementation plan once the Commission has promulgated rules establishing such program. The bill requires the Commission to convene a stakeholder process for interested parties to evaluate issues related to energy projects within 180 days of the effective date of the bill. The bill states a number of factors for the Commission to consider and include in its rules to implement such program. In promulgating the rules, the Commission shall determine how best to include access to such program for customers who need emergency upgrades. Additionally, the Commission shall consider in promulgating rules how best to serve residents of environmental justice communities through the implementation of such program.
Energy upgrade programs; Phase I and Phase I Utilities; State Corporation Commission to study feasibility; work group; report. Directs the State Corporation Commission to convene a work group to study the feasibility of the implementation of an energy upgrade program for eligible customers opting to participate by each Phase I and Phase II Utility, which program would permit such utility to (i) install one or more energy projects, as defined in the bill, at a participant's location and (ii) collect a special rate, as defined in the bill, to repay the costs of such installation. The bill requires the Commission to report the findings and recommendations of the work group to the Chairmen of the House Committee on Labor and Commerce, the Senate Committee on Commerce and Labor, and the Commission on Electric Utility Regulation by November 1, 2024.
Energy upgrade programs; Phase I and Phase II Utilities; State Corporation Commission to study feasibility; work group; report. Directs the State Corporation Commission to convene a work group to study the feasibility of the implementation of an energy upgrade program for eligible customers opting to participate by each Phase I and Phase II Utility, which program would permit such utility to (i) install one or more energy projects, as defined in the bill, at a participant's location and (ii) collect a special rate, as defined in the bill, to repay the costs of such installation. The bill requires the Commission to report the findings and recommendations of the work group to the Chairmen of the House Committee on Labor and Commerce, the Senate Committee on Commerce and Labor, and the Commission on Electric Utility Regulation by January 1, 2025.
Prefiled and ordered printed; offered 01/10/24 24104918D
January 9, 2024
Committee substitute printed 24106373D-S1
January 29, 2024
Amendment: SB276AG
Amendment: SB276AH
Amendment: SB276AHE
Fiscal Impact Statement: SB276F171.PDF
Fiscal Impact Statement: SB276FS1171.PDF
Sort by most recent
04/17/2024
Senate
Passed by for the day
04/08/2024
Office of the Governor
Vetoed by Governor
03/11/2024
Office of the Governor
Governor's Action Deadline 11:59 p.m., April 8, 2024
03/11/2024
Senate
Enrolled Bill Communicated to Governor on March 11, 2024
03/09/2024
Senate
Signed by President
03/08/2024
House
Signed by Speaker
03/08/2024
Senate
Bill text as passed Senate and House (SB276ER)
03/08/2024
Senate
Enrolled
03/05/2024
Senate
House amendments agreed to by Senate (22-Y 17-N)
03/04/2024
House
VOTE: Passage (52-Y 46-N)
03/04/2024
House
Passed House with amendments (52-Y 46-N)
03/04/2024
House
Engrossed by House as amended
03/04/2024
House
Committee amendments agreed to
03/04/2024
House
Read third time
03/01/2024
House
Read second time
02/28/2024
House
Reported from Appropriations with amendment(s) (12-Y 10-N)
02/23/2024
House
Referred to Committee on Appropriations
02/23/2024
House
Reported from Rules (13-Y 4-N)
02/23/2024
House
Subcommittee recommends referring to Committee on Appropriations
02/23/2024
House
Subcommittee recommends reporting (4-Y 2-N)
02/22/2024
House
Assigned Rules sub: Studies Subcommittee
02/20/2024
Senate
Impact statement from SCC (SB276S1)
02/13/2024
House
Referred to Committee on Rules
02/13/2024
House
Read first time
02/13/2024
House
Placed on Calendar
02/05/2024
Senate
Read third time and passed Senate (30-Y 10-N)
02/02/2024
Senate
Passed by for the day
02/01/2024
Senate
Engrossed by Senate - committee substitute SB276S1
02/01/2024
Senate
Committee substitute agreed to 24106373D-S1
02/01/2024
Senate
Reading of substitute waived
02/01/2024
Senate
Read second time
01/31/2024
Senate
Constitutional reading dispensed (40-Y 0-N)
01/29/2024
Senate
Committee substitute printed 24106373D-S1
01/29/2024
Senate
Reported from Commerce and Labor with substitute (13-Y 1-N 1-A)
01/29/2024
Senate
Senate committee, floor amendments and substitutes offered
01/29/2024
Senate
Impact statement from SCC (SB276)
01/09/2024
Senate
Referred to Committee on Commerce and Labor
01/09/2024
Senate
Prefiled and ordered printed; offered 01/10/24 24104918D
Sources
Open States
Record Created
Jan 10, 2024 12:04:24 AM
Record Updated
Apr 24, 2024 12:33:57 AM