Virginia House Bill 575 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 11 2016 - 25% progression, died in committee
Action: 2016-12-01 - Left in Commerce and Labor
Pending: House Commerce and Labor Committee
Text: Latest bill text (Prefiled) [HTML]

Energy efficiency programs; total resource cost test. Defines the "total resource cost test" as a test to determine if the benefit-cost ratio of a proposed energy efficiency program or measure is greater than one. The measure defines "benefit-cost ratio" as the ratio of the net present value of the total benefits of a program or measure, including savings and non-energy benefits, to the net present value of the total incremental costs of implementing that program or measure as calculated over the lifetime of the measures implemented thereunder. An energy efficiency program or measure that meets the total resource cost test is declared to be in the public interest. The measure provides that an energy efficiency program or measure that fails the total resource cost test shall be reviewed by the State Corporation Commission (SCC) under other tests for approving energy efficiency. The total resource cost test is one of the four tests used by the SCC in assessing electricity and natural gas utility energy efficiency programs.

Energy efficiency programs; total resource cost test.

Del. Richard Sullivan [D]

Del. Marcus Simon [D]

Del. Vivian Watts [D]

Date	Chamber	Action
2016-12-01	House	Left in Commerce and Labor
2016-02-11	House	Continued to 2017 in Commerce and Labor by voice vote
2016-02-09	House	Subcommittee recommends continuing to 2017 by voice vote
2016-01-19	House	Assigned C & L sub: Special Subcommittee on Energy
2016-01-11	House	Referred to Committee on Commerce and Labor
2016-01-11	House	Prefiled and ordered printed; offered 01/13/16 16103865D

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?171+sum+HB575
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+HB575+hil