Source: https://www.legiscan.com/VA/text/HB2334/2013
Timestamp: 2019-05-22 21:23:11
Document Index: 420007054

Matched Legal Cases: ['§1', '§ 56', '§56', '§56', '§ 56', '§56', '§56', '§56', '§2', '§1', '§1', '§3', '§1', '§56', '§4', '§5', '§1']

Bill Text: VA HB2334 | 2013 | Regular Session | Chaptered | LegiScan
Bill Text: VA HB2334 | 2013 | Regular Session | Chaptered
Bill Title: Solar-powered or wind-powered electricity generation facility; SCC to conduct pilot program, etc.
Status: (Passed) 2013-03-14 - Governor: Acts of Assembly Chapter text (CHAP0358) [HB2334 Detail]
Download: Virginia-2013-HB2334-Chaptered.html
1. §1. That the State Corporation Commission (Commission) shall conduct a pilot program under which a person that owns or operates a solar-powered or wind-powered electricity generation facility located on premises owned or leased by an eligible customer-generator, as defined in § 56-594 of the Code of Virginia, shall be permitted to sell the electricity generated from such facility exclusively to such eligible customer-generator under a power purchase agreement used to provide third party financing of the costs of such a renewable generation facility (third party power purchase agreement), subject to the following terms, conditions, and restrictions:
b. The aggregated capacity of all generation facilities that are subject to such third party power purchase agreements at any time during the pilot program shall not exceed 50 megawatts. Such limitation on the aggregated capacity of such facilities shall constitute a portion of the existing limit of one percent of the Pilot Utility's adjusted Virginia peak-load forecast for the previous year that is available to eligible customer-generators pursuant to subsection E of §56-594 of the Code of Virginia. Notwithstanding any provision of this act that incorporates provisions of §56-594, the seller and the customer shall elect either to (i) enter into their third party power purchase agreement subject to the conditions and provisions of the Pilot Utility's net energy metering program under § 56-594 or (ii) provide that electricity generated from the generation facilities subject to the third party power purchase agreement will not be net metered under §56-594, provided that an election not to net meter under §56-594 shall not exempt the third party power purchase agreement and the parties thereto from the requirements of this act that incorporate provisions of §56-594;
§2. The Commission shall review the pilot program established pursuant to §1 of this act in 2015 and every two years thereafter during the pilot program. In its review, the Commission shall determine whether the limitations in subdivisions b and c of §1 should be expanded, reduced, or continued.
§3. Any third party power purchase agreement that is not entered into pursuant to the pilot program established pursuant to §1 of this act is prohibited in the Pilot Utility's service territory, unless such third party power purchase agreement is entered into between a licensed supplier and a retail customer pursuant to §56-577 of the Code of Virginia where such supplier is responsible for serving 100 percent of the load requirements for each retail customer account it serves.
§4. If the Commission approves a tariff proposed for electric power provided 100 percent from renewable energy that serves 100 percent of the load requirements for each retail customer account it serves under such tariff, hereafter referred to as a "green tariff," such a green tariff shall not be available to any party to a third party power purchase agreement for the account being served by such power purchase agreement, and such an agreement shall remain in effect notwithstanding the approval of the green tariff.
§5. Nothing in this act shall be construed as (i) rendering any person, by virtue of its selling electric power to an eligible customer-generator under a third party power purchase agreement entered into pursuant to the pilot program established under this act, a public utility or a competitive service provider, (ii) imposing a requirement that such a person meet 100 percent of the load requirements for each retail customer account it serves, or (iii) affecting third party power purchase agreements in effect prior to the effective date of this act.
3. That the State Corporation Commission shall, by December 1, 2013, establish guidelines concerning (i) information to be provided in notices required under subdivision f of §1 of the first enactment of this act and (ii) procedures for aggregating and posting to the Commission's web site information derived from the aforesaid notices, including total capacity utilized by pilot projects for which notice has been received and capacity remaining available for future pilot projects. In addition, the Commission may adopt such rules or establish such guidelines as may be necessary for its general administration of the pilot program established under this act.