16103848D
HOUSE BILL NO. 1174
House Amendments in [ ] -- February 15, 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 Prior to Engrossment--Delegate Sullivan
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Referred to Committee on Commerce and Labor
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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 2017 ] , and
annually thereafter, the [ Department of Mines, Minerals and Energy, in
consultation with the staff of the ] Commission shall submit a report to
the [ Governor's Executive Committee on Energy Efficiency and the
General Assembly or, should that Committee cease operations, 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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