en HB 1634 – Shared solar programs; electric utility regulation, etc. | NCRE

HB 1634 – Shared solar programs; electric utility regulation, etc.

For further details regarding this bill, please visit: https://lis.virginia.gov/cgi-bin/legp604.exe?201+sum+HB1634

[While the Solar Freedom bill is restricted to multifamily residential buildings, the General Assembly additionally passed legislation that more generally allows for third-party owned community solar, rebranded as “shared solar.”]

Requires the State Corporation Commission (“SCC”) to establish through regulation a shared solar program for customers of Dominion Electric Virginia to purchase electric power through a subscription in a shared solar facility. This is defined in the bill as a facility that, among other criteria, generates electricity by means of a solar photovoltaic device with a nameplate capacity rating that does not exceed 5,000 kilowatts, or roughly 5 MegaWatts. Under the program, a subscriber receives a bill credit for the proportional output of a share solar facility attributable to that subscriber. Subscribers are required to pay a minimum bill, established by the Commission, that includes the costs of infrastructure and related services. The bill provides that the Commission shall approve a shared solar program of 150 megawatts with a minimum requirement of 30 percent of low-income customers and that the Commission will approve an additional 50 megawatts upon determining that at least 45 megawatts of the shared solar capacity have been subscribed to by low-income customers. This bill is identical to SB 629.