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Bill > HB1883

VA HB1883

VA HB1883
Electric utilities; renewable energy portfolio standard program requirements.

summary

Introduced
01/06/2025
In Committee
02/17/2025
Crossed Over
02/20/2025
Passed
03/07/2025
Dead
Vetoed
05/02/2025

Introduced Session

Potential new amendment
2025 Regular Session

Bill Summary

Electric utilities; renewable energy portfolio standard program requirements; power purchase agreements. Amends certain renewable energy portfolio standard program requirements for Dominion Energy Virginia, including (i) the annual percentage of program requirements to be met with behind-the meter solar, wind, or anaerobic digestion resources of three megawatts or less located in the Commonwealth and (ii) the date by which 75 percent of such requirements shall be met with resources located in the Commonwealth. The bill also removes the requirement for a solar-powered or wind-powered generation facility to have a capacity of no less than 50 kilowatts to qualify for a third party power purchase agreement under a pilot program. The bill permits Dominion Energy Virginia to recover certain costs prior to December 31, 2032, and provides that it is the policy of the Commonwealth to encourage development on previously developed project sites, as defined in existing law, to reduce the land use impacts of solar development. This bill is identical to SB 1040.

AI Summary

This bill modifies Virginia's renewable energy portfolio standard (RPS) program requirements for electric utilities, particularly focusing on Dominion Energy Virginia. The bill introduces several key changes, including a pause in renewable energy certificate (REC) procurement requirements from 2024 through 2027, and adjusts the timeline and percentages for meeting renewable energy goals. It requires utilities to petition the Commission for approvals to construct or acquire solar, wind, and energy storage capacity, with specific targets for Phase I and Phase II utilities by 2035. The bill encourages development on previously developed project sites to reduce land use impacts and removes the requirement for solar or wind generation facilities to have a minimum capacity of 50 kilowatts to qualify for third-party power purchase agreements. Additionally, the bill permits Dominion Energy Virginia to recover certain costs prior to December 31, 2032, and emphasizes the Commonwealth's policy of promoting renewable energy development on already disturbed lands. The legislation aims to support the transition to clean energy while providing flexibility for utilities in meeting renewable energy targets.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Vetoed by Governor (on 05/02/2025)

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bill summary

Document Type Source Location
State Bill Page https://lis.virginia.gov/bill-details/20251/HB1883
Governor's Veto Explanation HB1883 https://lis.virginia.gov/bill-details/20251/HB1883/text/HB1883VG
Governor's Recommendation HB1883 https://lis.virginia.gov/bill-details/20251/HB1883/text/HB1883AG
BillText https://lis.virginia.gov/bill-details/20251/HB1883/text/HB1883H2
Fiscal Note/Analysis - Fiscal Impact Statement from State Corporation Commission (HB1883) https://lis.blob.core.windows.net/files/1070797.PDF
BillText https://lis.virginia.gov/bill-details/20251/HB1883/text/HB1883ER
Senate Amendments https://lis.virginia.gov/bill-details/20251/HB1883/text/HB1883ASE
Commerce and Labor Amendment https://lis.virginia.gov/bill-details/20251/HB1883/text/HB1883AS1
Fiscal Note/Analysis - Fiscal Impact Statement from State Corporation Commission (HB1883) https://lis.blob.core.windows.net/files/1049583.PDF
BillText https://lis.virginia.gov/bill-details/20251/HB1883/text/HB1883H1
Fiscal Note/Analysis - Fiscal Impact Statement from State Corporation Commission (HB1883) https://lis.blob.core.windows.net/files/1023389.PDF
BillText https://lis.virginia.gov/bill-details/20251/HB1883/text/HB1883
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