SB 505 Virginia Senate · 2022 Regular Session

Electric cooperatives; net energy metering, power purchase agreements, etc.

Summary
Electric cooperatives; net energy metering; power purchase agreements; local facilities usage charges. Permits any customer, besides a farm or small agricultural generating facility and any customer selling power to the electric cooperative, to interconnect with an electric cooperative and enter an agreement for local facilities usage charges. The bill provides that electric cooperatives can seek approval from the State Corporation Commission at any time for a tariff for local facilities usage charges for the use of cooperative system facilities; however, the terms of an independent agreement for local facilities usage charges shall prevail if inconsistent with the approved tariff amount.The bill permits the board of directors of an electric cooperative to approve any voluntary tariff and associated cost recovery without filing additional information with the Commission besides an informational notice. Under the bill, the Commission may administratively approve a change in rate, tariff, or term or condition of service without notice or a hearing.The bill removes the limit on raising the cap for electric cooperatives' generating capacity beyond seven percent of system peak for the purposes of net energy metering. The bill also allows electric cooperatives to permit the use of third-party partial requirements power purchase agreements for eligible customer-generators without separate approval by the Commission; however, the cooperative is required to file a revised net energy metering compliance filing.Additionally, the bill permits impacted cooperative customers to file a petition with the Commission for redress and review of the local facilities usage charges. This bill is identical to HB 266.
Bill status signed all 5 stages cleared
Introduction
Jan 2022
Committee Review
Feb 2022
Senate Passage
Feb 2022
House of Delegates Passage
Feb 2022
Signed into Law
Apr 2022
Introduced Jan 12, 2022 Signed Apr 11, 2022
Floor votes · Senate Feb 4, 2022 · House of Delegates Feb 25, 2022

How they voted

39–0
Passed · 1 other
Total votes 40
Feb 4, 2022
D Democratic21
21 Yea
100% Yea
R Republican19
18 Yea 1
94% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
28
Key actions
8
Committee
8
Apr 11, 2022
Signed into law
Approved by Governor-Chapter 364 (effective 7/1/22)
executive
Feb 25, 2022
Lower · Passed
Passed House BLOCK VOTE (99-Y 0-N)
lower
Feb 22, 2022
Lower · Passed
Reported from Commerce and Energy (22-Y 0-N)
lower
Feb 21, 2022
Committee
Referred to Committee on Commerce and Energy
lower
Feb 4, 2022
Upper · Passed
Read third time and passed Senate (39-Y 0-N)
upper
Feb 3, 2022
Upper · Passed
Engrossed by Senate - committee substitute SB505S1
upper
Feb 3, 2022
Upper · Passed
Committee substitute agreed to 22105614D-S1
upper
Jan 31, 2022
Upper · Passed
Reported from Commerce and Labor with substitute (15-Y 0-N)
upper
Jan 31, 2022
Upper · Passed
Senate committee, floor amendments and substitutes offered
upper
Jan 21, 2022
Committee
Assigned C&L sub: Energy
upper
Jan 12, 2022
Committee
Referred to Committee on Commerce and Labor
upper
Jan 12, 2022
Introduced
Prefiled and ordered printed; offered 01/12/22 22101854D
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
LL
Lynwood Lewis
DDemocratic
VA
6