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Electric utilities; renewable portfolio standard program; deficiency payments. Removes provisions requiring deficiency payments by certain electric utilities if such utilities are unable to meet the compliance obligation of the renewable portfolio standard (RPS) program requirements or if the cost of renewable energy certificates necessary to comply with RPS program requirements exceeds $45 per megawatt hour.
Introduced
Jan 7, 2025
Last Action
Feb 5, 2025
Session
VA 2025
Sponsors
1 primary · 0 co
Left in Labor and Commerce
Subcommittee recommends laying on the table (7-Y 4-N)
Fiscal Impact Statement from State Corporation Commission (HB2200)
Assigned L & C sub: Subcommittee #3
Prefiled and ordered printed; Offered 01-08-2025 25100700D
Referred to Committee on Labor and Commerce
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Left in Labor and Commerce
Terry G. Kilgore