Virginia Senate Bill 446 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on January 9 2008 - 25% progression, died in chamber
Action: 2008-02-11 - Senate: Failed to report (defeated) in Commerce and Labor (3-Y 12-N)

Clean energy future. Requires that by the year commencing July 1, 2020, and in subsequent years, 20% of the electric energy sold by each supplier to retail customers in the Commonwealth be generated from renewable generation energy sources, and that each supplier achieve reductions in the consumption of electric energy by its retail customers, through the supplier's implementation of energy efficiency programs, in an amount equal to 10% of the amount of electric energy consumed by its retail customers in 2007. The requirements are phased in over a period commencing July 1, 2008. The 20% requirement for renewable generation energy sources is comprised of three categories of renewable energy sources, each of which has separate percentage requirements. Generators of renewable energy receive renewable energy credits for power generated through eligible renewable sources or conserved through energy efficiency programs. Suppliers who do not comply with the minimum percentage requirements are required to make alternative compliance payments into a new Virginia Sustainable Energy Fund. Distributors are authorized to recover incremental costs of compliance under the procedure for recovery of the costs of purchased power. Electric cooperatives and municipal electric utilities are exempted from the measure. Generators of eligible renewable energy using certain components manufactured within the Commonwealth receive double the amount of renewable energy credits. The Secretary of Commerce and Trade is directed to develop incentives for renewable energy manufacturing in the coalfield region of Virginia. The measure also (i) creates a Clean Energy Fund and (ii) establishes a commercial in-state production tax credit of 0.06 cents per kWh for solar photovoltaic energy and 0.03 cents per kWh for wind energy. Finally, Secretary of Commerce and Trade is directed to develop a Green Jobs program that will provide training for workers in new industries relating to the field of alternative energies, including the manufacture and operation of products used to generate electricity and other forms of energy from alternative sources.

Clean energy future; electric energy sold to be generated from renewable generation energy sources.

Sen. John Edwards [D]	Sen. John Petersen [D]	Sen. Roscoe Reynolds [D]	Sen. Patricia Ticer [D]
Sen. Mary Whipple [D]

Date	Chamber	Action
2008-02-11		Senate: Failed to report (defeated) in Commerce and Labor (3-Y 12-N)
2008-01-09		Senate: Referred to Committee on Commerce and Labor
2008-01-09		Senate: Prefiled and ordered printed; offered 01/09/08 080110293

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?081+sum+SB446