16103848D
HOUSE BILL NO. 1174
Offered January 13, 2016
Prefiled January 14, 2016
A BILL to amend and reenact the third enactment of Chapter 933
of the Acts of Assembly of 2007, relating to the Commonwealth's goal of
reducing the consumption of electric energy.
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Patron-- Sullivan
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Committee Referral Pending
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Be it enacted by the General Assembly of Virginia:
1. That the third enactment of Chapter 933 of the Acts of
Assembly of 2007 is amended and reenacted as follows:
3. That it is in the public interest, and is consistent
with the energy policy goals in §67-102 of the Code of Virginia, to promote
cost-effective conservation of energy through fair and effective demand side
management, conservation, energy efficiency, and load management programs,
including consumer education. These programs may include activities by electric
utilities, public or private organizations, or both electric utilities and
public or private organizations. The Commonwealth shall have a stated goal of
reducing the consumption of electric energy by retail customers through the
implementation of such programs by the year 2022 by an amount equal to ten 10
percent of the amount of electric energy consumed by retail customers in 2006.
The State Corporation Commission (the
Commission) shall conduct a
proceeding to (i) determine whether the ten 10 percent electric energy
consumption reduction goal can be achieved cost-effectively through the
operation of such programs, and if not, determine the appropriate goal for the
year 2022 relative to base year of 2006, (ii) identify the mix of programs that
should be implemented in the Commonwealth to cost-effectively achieve the
defined electric energy consumption reduction goal by 2022, including but not
limited to demand side management, conservation, energy efficiency, load
management, real-time pricing, and consumer education, (iii) develop a plan for
the development and implementation of recommended programs, with incentives and
alternative means of compliance to achieve such goals, (iv) determine the
entity or entities that could most efficiently deploy and administer various
elements of the plan, and (v) estimate the cost of attaining the energy
consumption reduction goal. The Commission shall, on or before December 15,
2007, submit its findings and recommendations to the Governor and General
Assembly, which shall include recommendations for any additional legislation
necessary to implement the plan to meet the energy consumption reduction goal.
In developing a plan to meet the goal, the Commission may consider providing
for a public benefit fund and shall consider the fair and reasonable allocation
by customer class of the incremental costs of meeting the goal that are
recovered in accordance with subdivision A 5 b of §56-585.1 of the Code of
Virginia. By December 15, 2016, and
annually thereafter, the Commission shall submit a
report to the Governor and General Assembly that assesses the progress
the Commonwealth is making toward meeting the goal of reducing the
consumption of electric energy by retail customers by the year
2022 by an amount equal to 10 percent of the amount of electric energy consumed
by retail customers in 2006 through the implementation of
demand side management, conservation, energy efficiency, and load management
programs, including consumer education.
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