§ 56-596.2:1. Energy conservation measures providing incentives for the development of electric energy derived from sunlight

VA Code § 56-596.2:1 (2019) (N/A)
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A. Each Phase I and Phase II Utility, as such terms are defined in subdivision A 1 of § 56-585.1, shall submit a petition for approval to design, implement and operate a three-year program of energy conservation measures providing:

1. Incentives to low income, elderly, and disabled individuals in an amount not to exceed $25 million in the aggregate for the installation of measures that reduce residential heating and cooling costs and enhance the health and safety of residents, including repairs and improvements to home heating and cooling systems and installation of energy-saving measures in the house, such as insulation and air sealing. In developing such incentive program, each utility shall utilize the stakeholder process set forth in § 56-596.2. The utility may provide such incentives directly to customers or to organizations that assist low income, elderly, and disabled individuals. Such incentive program shall be deemed to be a part of the $140 million in energy efficiency programs that a Phase I utility is required to develop pursuant to § 56-596.2 and a part of the $870 million in energy efficiency programs that a Phase II utility is required to develop pursuant to § 56-596.2; provided that no portion of such incentive programs shall be deemed to be a part of the required five percent of such energy conservation measures set aside for low income, elderly, and disabled individuals.

2. Incentives to low income, elderly, and disabled individuals, who also participate in the incentive program described above for the installation of measures that reduce residential heating and cooling costs, in an amount not to exceed $25 million in the aggregate for the installation of equipment to develop electric energy derived from sunlight. The utility may provide such incentives directly to customers or to organizations that assist low income, elderly, and disabled individuals. Such incentive program shall not be deemed to be a part of the $140 million in energy efficiency programs that a Phase I utility is required to develop pursuant to § 56-596.2 nor a part of the $870 million in energy efficiency programs that a Phase II utility is required to develop pursuant to § 56-596.2.

B. In developing such incentive programs, each utility shall give consideration to low income, elderly, and disabled persons residing in housing that a redevelopment and housing authority owns or controls.

2019, c. 748.