WV HB2682 | 2009 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 19 2009 - 25% progression, died in committee
Action: 2009-02-19 - To House Energy, Industry and Labor, Economic Development and Small Business
Pending: House Energy, Industry and Labor, Economic Development and Small Business Committee
Status: Introduced on February 19 2009 - 25% progression, died in committee
Action: 2009-02-19 - To House Energy, Industry and Labor, Economic Development and Small Business
Pending: House Energy, Industry and Labor, Economic Development and Small Business Committee
Summary
The purpose of this bill is to establish a minimum alternative and renewable energy portfolio. By the year 2025, at least twenty-five percent of the electric energy sold to retail customers in this state shall be generated from alternative and renewable energy resources. Alternative and renewable energy resources include advanced coal technologies, wind, solar and other nontraditional sources of energy. The bill requires the Public Service Commission to establish a credit system to monitor and track the generation of electricity from alternative and renewable energy resources. Electric utilities may also receive credits for certain demand-side energy initiative projects or greenhouse gas emission reduction or offset projects. Electric utilities may buy, sell, bank or trade credits to meet the minimum alternative and renewable energy portfolio standards. If an electric utility fails to meet the minimum standards set forth in this bill, it will be required to pay a compliance assessment to the Public Service Commission. Moneys collected from compliance assessments are deposited in an Alternative and Renewable Energy Resources Research Fund and, along with moneys collected from private donations, are used to provide matching grants to state institutions of higher education for alternative and renewable energy resource research projects. The bill also provides for compliance plan applications to be filed with the Public Service Commission and the filing of yearly reports by electric utilities required to comply with the alternative and renewable energy portfolio standards. Additionally, the bill sets forth requirements for net metering in West Virginia and directs the Public Service Commission to adopt standards and rules for net metering and interconnection. Under the bill, an electric customer who owns a net metering system may be credited for the electricity he or she generates from an alternative and/or renewable energy resource, which he or she may then sell to an electric utility that is required to comply with the portfolio standard.
Title
Alternative and Renewable Energy Portfolio Act
Sponsors
History
Date | Chamber | Action |
---|---|---|
2009-02-19 | To House Energy, Industry and Labor, Economic Development and Small Business | |
2009-02-19 | Introduced in House | |
2009-02-19 | To Energy, Industry and Labor, Economic Development and Small Business then Finance | |
2009-02-19 | Filed for introduction |
Same As/Similar To
SB297 (Same As) 1969-12-31 -
Subjects
West Virginia State Sources
Type | Source |
---|---|
Summary | http://www.legis.state.wv.us/Bill_Status/Bills_history.cfm?input=2682&year=2009&sessiontype=RS&btype=bill |