Introduced by: Richard C. “Rip” Sullivan, Jr. (by request) | all patrons … notes | add to my profiles
SUMMARY AS INTRODUCED:
Electric utilities; advanced renewable energy buyers. Provides that certain accelerated renewable energy buyers that are customers of Dominion Energy Virginia and had subscribed to, as of March 1, 2020, a voluntary companion experimental tariff offering for the purchase of renewable attributes from renewable energy facilities that requires a renewable facilities agreement and the purchase of a minimum of 2,000 renewable attributes annually is exempt from the allocation of the net costs related to procurement of new solar or onshore wind generation capacity, energy, or environmental attributes, or energy storage facilities, by Dominion Energy Virginia. The exemption is based on the amount of Renewable Energy Certificates associated with the customer’s renewable facilities agreements associated with the tariff offering in proportion to the customer’s total electric energy consumption, on an annual basis.