Gov. McAuliffe Signs Multiple Energy Bills

April 22, 2015

On Earth Day, Gov. Terry McAuliffe signed six clean energy bills into law, taking the first steps towards a clean energy economy in Virginia.

 

Among the bills, included the cost recovery for the construction or purchase of utility scale solar in Virginia (HB 2237, Del. Yancey), opening the way for large scale solar development, currently finding success in North Carolina and Maryland. The bill calls for the use of Virginia based companies, in part or in whole.

 

The momentum of this bill is the impetus for the development of a VA-REA stakeholder group focused on best management practices for implmenting the legislative intent of HB 2237 - creating jobs in Virginia through the fastest growing industry in the U.S. - the solar industry.

 

The clean energy jobs signed on April 22, 2015 included:

  • Virginia Solar Development Authority – (HB 2267-Hugo/Bulova; SB 1099-Stuart) – Creates the Virginia Solar Energy Development Authority to facilitate and support the development of the solar industry and solar-powered facilities in the Commonwealth 

  • Net Energy Metering – (HB 1950-McClellan/Sullivan; SB1395-Dance/Edwards) – Doubles allowable generation capacity of a solar net energy metering facility 

  • Utility-scale Solar – (HB 2237-Yancey) – Authorizes utility cost recovery for construction or purchase of a solar facility with capacity over 1MW and establishes that 500MW of solar generation are in the public interest 

  • Natural Gas Energy Efficiency programs – (SB 1331-Petersen) – Clarifies how costs are evaluated by the State Corporation Commission to increase approval of energy efficiency programs 

  • Property Assessed Clean Energy (PACE) program – (HB 1446-D. Marshall; SB 801-Watkins) – Expands the PACE program, which creates loan programs for localities to finance energy efficiency projects on commercial buildings using private capital 

  • Green Jobs Tax Credit – (HB 1843-James; SB 1037/Hanger) – Extends $500 per job Green Jobs Tax Credit for three years to July 1, 2018 

 

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