WV SB297 | 2009 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: N/A - 0% progression, died in chamber
Action: No history available

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.

Tracking Information

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Title

Creating Alternative and Renewable Energy Portfolio Act

Sponsors


History

DateChamberAction
1969-12-31 24
1969-12-31 24
1969-12-31 23
1969-12-31 23
1969-12-31 36
1969-12-31 35-36
1969-12-31 46
1969-12-31 13-15
1969-12-31 11
1969-12-31 11
1969-12-31 11
1969-12-31 10-11
1969-12-31 8
1969-12-31 8
1969-12-31 7-8

Same As/Similar To

HB2682 (Same As) 2009-02-19 - To House Energy, Industry and Labor, Economic Development and Small Business
HB2980 (Similar To) 2009-03-06 - To House Government Organization

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
242F1New CodeSee Bill Text
242F10New CodeSee Bill Text
242F11New CodeSee Bill Text
242F12New CodeSee Bill Text
242F13New CodeSee Bill Text
242F14New CodeSee Bill Text
242F2New CodeSee Bill Text
242F3New CodeSee Bill Text
242F4New CodeSee Bill Text
242F5New CodeSee Bill Text
242F6New CodeSee Bill Text
242F7New CodeSee Bill Text
242F8New CodeSee Bill Text
242F9New CodeSee Bill Text

West Virginia State Sources


Bill Comments

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