WV HB4262 | 2010 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 1 2010 - 25% progression, died in committee
Action: 2010-02-01 - To House Energy, Industry and Labor, Economic Development and Small Business
Pending: House Energy, Industry and Labor, Economic Development and Small Business Committee
Status: Introduced on February 1 2010 - 25% progression, died in committee
Action: 2010-02-01 - To House Energy, Industry and Labor, Economic Development and Small Business
Pending: House Energy, Industry and Labor, Economic Development and Small Business Committee
Summary
The purpose of this bill is to create the West Virginia Renewable Energy Act. The bill makes legislative findings and defines terms. The bill provides a maximum $2,000 investment cost recovery incentive for customer-generated electricity from renewable energy systems, but exempts electric and gas companies from qualifying for that incentive. The bill also provides a $25,000 maximum tax credit for electric light and power companies that purchase customer-generated electricity. The bill requires reports be made to the Legislature. The bill also provides that no incentives may be taken after June 30, 2019 and credits may not be taken after June 30, 2020. The bill also provides that customers who generate electricity from renewable sources may sell electricity to electric light and power companies.
Title
West Virginia Renewable Energy Act
Sponsors
History
Date | Chamber | Action |
---|---|---|
2010-02-01 | To House Energy, Industry and Labor, Economic Development and Small Business | |
2010-02-01 | Introduced in House | |
2010-02-01 | To Energy, Industry and Labor, Economic Development and Small Business then Finance | |
2010-02-01 | Filed for introduction |
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
11 | 24 | 11c | New Code | See Bill Text |
5B | 2H | 1 | New Code | See Bill Text |
5B | 2H | 2 | New Code | See Bill Text |
5B | 2H | 3 | New Code | See Bill Text |
5B | 2H | 4 | New Code | See Bill Text |
5B | 2H | 5 | New Code | See Bill Text |
5B | 2H | 6 | New Code | See Bill Text |
5B | 2H | 7 | New Code | See Bill Text |
West Virginia State Sources
Type | Source |
---|---|
Summary | http://www.legis.state.wv.us/Bill_Status/Bills_history.cfm?input=4262&year=2010&sessiontype=RS&btype=bill |