Virginia Senate Bill 761 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 22 2016 - 25% progression, died in chamber
Action: 2016-02-08 - Passed by indefinitely in Commerce and Labor (14-Y 0-N)
Text: Latest bill text (Introduced) [HTML]

Electric utilities; mandatory renewable portfolio standard. Converts the existing voluntary renewable portfolio standard (RPS) program to a mandatory program. Under the new program, investor-owned electric utilities are required to make investments in solar energy generation, onshore wind generation, offshore wind generation, and cumulative energy efficiency savings that by calendar year 2030 meet RPS Standards. The standards incrementally increase until, in calendar year 2025 and thereafter, such sources account for 25 percent of the amount of total electric energy that the utility sold in 2007. At least one half of the electric energy counted toward the RPS Standards is required to be generated from sources located within the Commonwealth. An investor-owned electric utility that fails to comply with the RPS Standards established for the applicable year is required to pay a compliance fee of 10 cents for each kilowatt-hour of shortfall from required renewable sources.

Electric utilities; mandatory renewable portfolio standard.

Sen. Donald McEachin [D]

2016-02-08 - Senate - Senate: Passed by indefinitely in Commerce and Labor (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2016-02-08	Senate	Passed by indefinitely in Commerce and Labor (14-Y 0-N)
2016-01-22	Senate	Referred to Committee on Commerce and Labor
2016-01-22	Senate	Presented and ordered printed 16104300D

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?161+sum+SB761
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+SB761+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+S02V0061+SB0761