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HB1261

Energy efficiency programs; programs proposed by an electric utility.

Status:
Killed

Chief Patron:
Tim Hugo (R)

Session:
2018 Regular Session

Summary

As Introduced. Energy efficiency programs.

Provides that an energy efficiency program proposed by an electric utility is in the public interest if the net present value of the benefits exceeds the net present value of the costs as determined by any three of four benefit cost tests. The four tests to be considered are the Total Resource Cost Test, the Utility Cost Test, the Participant Test, and the Ratepayer Impact Measure Test. The measure also revises the existing standard for what constitutes a cost-effective conservation and energy efficiency program conducted by a natural gas utility to conform to the provisions for electric utilities. (Less)

  • Bill History

  • 01/10/2018 - House: Prefiled and ordered printed; offered 01/10/18 18104322D
  • 01/10/2018 - House: Referred to Committee on Commerce and Labor
  • 01/21/2018 - House: Impact statement from SCC (HB1261)
  • 01/23/2018 - House: Assigned C & L sub: Subcommittee #3
  • 01/30/2018 - House: Subcommittee recommends incorporating (HB1558-Kilgore)
  • 02/13/2018 - House: Left in Commerce and Labor

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com

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