WV HB4262 | 2010 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 1 2010 - 25% progression, died in committee
Action: 2010-02-01 - 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 create the West Virginia Renewable Energy Act. The bill makes legislative findings and defines terms. The bill provides a maximum $2,000 investment cost recovery incentive for customer-generated electricity from renewable energy systems, but exempts electric and gas companies from qualifying for that incentive. The bill also provides a $25,000 maximum tax credit for electric light and power companies that purchase customer-generated electricity. The bill requires reports be made to the Legislature. The bill also provides that no incentives may be taken after June 30, 2019 and credits may not be taken after June 30, 2020. The bill also provides that customers who generate electricity from renewable sources may sell electricity to electric light and power companies.

Tracking Information

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Title

West Virginia Renewable Energy Act

Sponsors


History

DateChamberAction
2010-02-01 To House Energy, Industry and Labor, Economic Development and Small Business
2010-02-01 Introduced in House
2010-02-01 To Energy, Industry and Labor, Economic Development and Small Business then Finance
2010-02-01 Filed for introduction

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
112411cNew CodeSee Bill Text
5B2H1New CodeSee Bill Text
5B2H2New CodeSee Bill Text
5B2H3New CodeSee Bill Text
5B2H4New CodeSee Bill Text
5B2H5New CodeSee Bill Text
5B2H6New CodeSee Bill Text
5B2H7New CodeSee Bill Text

West Virginia State Sources


Bill Comments

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