Electric utilities; recovery of costs; rateadjustment clause proceedings; construction or acquisition of certainfacilities. Provides that in any proceeding regarding petitionsfor a rate adjustment clause, the State Corporation Commission may,as an alternative to a rate adjustment clause, authorize recoveryof any proposed cost through the utility's rates for generation anddistribution services, if the Commission, in its discretion, determinesthat such cost recovery better serves ratepayers while still providingthe utility the opportunity to recover its costs and earn a fairrate of return. Additionally, the bill prohibits the Commission fromapproving the recovery of costs related to the construction or acquisitionof generation facilities powered by sunlight or onshore or offshorewind, or energy storage facilities, that are constructed or acquiredby a Phase I or Phase II Utility after July 1, 2022, unless the Commissiondetermines that the construction or acquisition of such facilitiesis (i) necessary to maintain the reliability or security of electricservice to customers or meet the renewable energy portfolio standard (RPS) program requirements established in this section and (ii) isthe lowest-cost option to maintain the reliability or security ofelectric service to customers or meet the RPS program requirements.
Sponsored bills
Electric utilities; retail competition; renewableenergy. Allows individual retail customers of an electric utilityto purchase electric energy provided 100 percent from renewable energyfrom any licensed supplier. The measure eliminates (i) provisionsthat prohibit such a purchase from a licensed supplier that is anincumbent electric utility that is not the incumbent electric utilityserving the exclusive service territory in which the customer islocated and (ii) a condition that permits such purchases only if the electric utility serving the applicable exclusive service territorydoes not offer a tariff for 100 percent renewable energy.
Commending the Honorable Paul S. Trible, Jr.
Public schools; regional charter school divisions. Authorizes the Board of Education (the Board) to establish regionalcharter school divisions consisting of at least two but not morethan three existing school divisions in regions in which each underlyingschool division has (i) an enrollment of more than 3,000 studentsand (ii) one or more schools that have accreditation denied statusfor two out of the past three years. The bill requires such regional charter school divisions to be supervised by a school board thatconsists of eight members appointed by the Board and one member appointedby the localities of each of the underlying divisions. The bill authorizesthe school board, after a review by the Board, to review and approvepublic charter school applications in the regional charter schooldivisions and to contract with the applicant. The bill requires thatthe state share of Standards of Quality per pupil funding of theunderlying school district in which the student resides be transferredto such school.
Distribution of recordation tax to cities andcounties. Reestablishes the distribution of $20 million of staterecordation tax revenue to counties and cities to be used for transportationor public education purposes. Legislation in 2020 dedicated the $20million to the Hampton Roads Regional Transit Program.
Celebrating the life of Officer Michael D. Chandler.
Elections; filling vacancies in the GeneralAssembly; certain vacancies to be filled within 30 days. Requiresthe writ of election to fill a vacancy in the membership of the GeneralAssembly that occurs between December 10 and March 1 to order that the special election take place no more than 30 days from the dateof such vacancy.
Celebrating the life of Commander Brian MichaelBourgeois, USN.
Commending the Honorable William C. Mims.
Commending Feeding Southwest Virginia.