VA SB346 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 9 2024 - 25% progression
Action: 2024-02-09 - Continued to 2025 in Commerce and Labor (14-Y 1-N)
Pending: Senate Commerce and Labor Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Net energy metering; solar interconnection; cost recovery. Provides that an electric distribution company shall pay $1 per kilowatt per day for the costs of lost electricity production for any and all delays beyond the regulatory notice period required by State Corporation Commission related to net energy metering. The bill requires that, for the purposes of net energy metering, an eligible customer-generator shall bear all reasonable costs of equipment required at the eligible customer-generator's side of the meter for the interconnection to the supplier's electric distribution system, including reasonable and prudent costs of additional controls, tests, or liability insurance. Additionally, the bill allows for cost recovery by Phase I and Phase II Utilities for electric distribution grid transformation projects that support the interconnection of generating facilities using energy derived from sunlight that are owned or contracted by eligible customer-generators, subject to the Commission finding those costs to be reasonable and prudent in accordance with existing law.

Tracking Information

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Title

Net energy metering; solar interconnection, cost recovery.

Sponsors


Roll Calls

2024-02-09 - Senate - Senate: Continued to 2025 in Commerce and Labor (14-Y 1-N) (Y: 14 N: 1 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2024-02-09SenateContinued to 2025 in Commerce and Labor (14-Y 1-N)
2024-01-09SenateReferred to Committee on Commerce and Labor
2024-01-09SenatePrefiled and ordered printed; offered 01/10/24 24104922D

Subjects


Virginia State Sources


Bill Comments

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