Virginia House Bill 881 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 8 2014 - 25% progression, died in committee
Action: 2014-02-04 - Continued to 2015 in Commerce and Labor by voice vote
Pending: House Commerce and Labor Committee
Text: Latest bill text (Prefiled) [HTML]

Renewable energy portfolio standard program; renewable energy certificate registration and tracking system. Requires the State Corporation Commission to establish a system for registering and tracking renewable energy certificates in order to facilitate the creation and transfer of such certificates. To the extent practicable, the system shall be consistent with and operate in conjunction with the system developed by PJM Interconnection LLC. The system shall include a registry of information regarding available renewable energy certificates and renewable energy certificate transactions. The measure establishes limits on the duration of a renewable energy certificate. The Commission is also directed to establish requirements for documentation and verification of renewable energy certificates by licensed energy suppliers and renewable energy generators, including net energy metering program participants. The measure eliminates provisions for double or triple credit toward meeting the renewable energy portfolio standard for energy derived from specific renewable energy sources, except that a utility will receive double credit toward meeting the standard for energy derived from onshore wind obtained via power purchase agreements entered into prior to January 1, 2013.

Electric utility regulation; renewable energy portfolio standard program, etc.

Del. Joseph Yost [R]

Date	Chamber	Action
2014-02-04	House	Continued to 2015 in Commerce and Labor by voice vote
2014-01-30	House	Subcommittee recommends continuing to 2015 by voice vote
2014-01-15	House	Assigned C & L sub: Special Subcommittee on Energy
2014-01-08	House	Referred to Committee on Commerce and Labor
2014-01-08	House	Prefiled and ordered printed; offered 01/08/14 14102431D

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?141+sum+HB881
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?141+ful+HB881+hil