SB 346 Virginia Senate · 2024 Regular Session

Net energy metering; solar interconnection, cost recovery.

Summary
Net energy metering; solar interconnection;cost recovery. Provides that an electric distribution companyshall pay $1 per kilowatt per day for the costs of lost electricityproduction for any and all delays beyond the regulatory notice periodrequired by State Corporation Commission related to net energy metering. The bill requires that, for the purposes of net energy metering,an eligible customer-generator shall bear all reasonable costs ofequipment required at the eligible customer-generator's side of the meter forthe interconnection to the supplier's electric distribution system,including reasonable and prudent costs of additional controls, tests,or liability insurance. Additionally, the bill allows for cost recovery by Phase I and Phase II Utilities for electric distribution gridtransformation projects that support the interconnection of generatingfacilities using energy derived from sunlight that are owned or contractedby eligible customer-generators, subject to the Commission findingthose costs to be reasonable and prudent in accordance with existinglaw.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Feb 9, 2024
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
7
Key actions
3
Committee
4
Feb 9, 2024
Upper · Passed
Senate committee, floor amendments and substitutes offered
upper
Feb 5, 2024
Upper · Passed
Senate committee, floor amendments and substitutes offered
upper
Jan 29, 2024
Upper · Passed
Senate committee, floor amendments and substitutes offered
upper
Jan 9, 2024
Committee
Referred to Committee on Commerce and Labor
upper
1 primary · 2 co-sponsors

Sponsors