I received an email from CCAN to support this energy efficiency bill that is likely to move forward.
The momentum to pass a meaningful energy efficiency bill in Virginia is growing at a rapid pace and an energy efficiency bill is likely to move forward in the state capitol very soon.
We're building on the growing momentum with a Statewide Call In Day today!
There are competing bills that are likely to move forward in Richmond. We need every legislator to know that their constituents support true energy efficiency in Virginia.
Will you just take a moment to call your Senator in Richmond? Tell them:
- To support Senator McEachin's energy efficiency legislation, SB 1447. This legislation calls for a mandatory 19% reduction in energy use by 2025 while rewarding utilities for their efficiency investments, and creates jobs while lowering electricity bills.
- To oppose Senator Wagner's so-called "efficiency" legislation, SB 1348. The Wagner bill would pay utilities to reduce energy consumption during peak usage -- something utilities will do regardless -- instead of reducing the total amount of energy consumed in Virginia.
For a complete call script, click here: www.chesapeakeclimate.org/
To find your legislators' phone numbers, click on this link: https://conview.state.va.us/
From the language (below), this is a pretty strong bill - for Virginia! The bill is sponsored by Sen. Donald McEachin (D).
Here's the summary, via Virginia legislation.
� Requires investor-owned electric utilities and electric cooperatives to implement energy efficiency programs.
�Utilities are eligible to recover costs of approved programs that achieve quantifiable, observable savings where the scope of the program is sufficient to reduce demand from retail customers by amounts needed to attain a targeted 19 percent consumption reduction goal by 2025.
�Investor-owned electric utilities are also eligible to earn a 200 basis points' enhanced return on equity on investments in approved energy efficiency programs.
�The integrated resource plans developed by electric utilities shall include investments in energy efficiency resources sufficient to achieve a 19 percent reduction in the utility customer's consumption in 2025, compared to the projected level of consumption that would occur without such investments.
�The net energy metering program shall be revised to supplement energy efficiency programs.
�The State Corporation Commission is required to develop regulations that provide access to the electrical grid by distributed generators with combined heat and power systems.
�The measure requires electric cooperatives to prepare integrated resource plans on the same terms applicable to investor-owned electric utilities.
� If a utility fails to comply with a benchmark, it is required to pay an alternate compliance payment in an amount not to exceed 3 cents per kilowatt hour consumed in excess of the benchmark amount.
�Funds collected from alternate compliance payments are to be deposited in a special fund named the Virginia Energy Efficiency and Integrated Resource Plan Compliance Fund.
� The Fund shall be used to finance financial incentives, including grants and low-interest loans, to persons other than utilities for the implementation of energy efficiency and conservation programs.
� A Virginia Energy Efficiency Commission is established as an advisory Commission in the executive branch to evaluate the success of energy efficiency programs, to verify the achievements of such programs, and to identify new cost-effective opportunities for new energy efficiency programs.