Virginia Senate Bill SB160

Virginia 2023 Regular Session

• Introduced: 1/10/22
• Refer: 1/10/22

Caption

Electric utilities; clarifies definition of energy efficiency programs.

Impact

The bill is expected to enhance state laws by setting clearer guidelines for electric utility companies concerning their energy efficiency initiatives. By facilitating clearer definitions and understanding of energy efficiency programs, SB160 aims to empower utilities to implement more effective strategies for reducing overall energy consumption. This move could positively impact state energy policies, leading to an increase in mandated energy conservation actions, particularly in economically disadvantaged areas, thereby reducing energy costs for vulnerable populations.

Summary

SB160 is a legislative bill that aims to clarify and amend the definitions regarding energy efficiency programs within the Commonwealth's electric utilities framework. Specifically, it focuses on defining what constitutes an energy efficiency program and outlines criteria for these programs to be classified as being 'in the public interest'. The bill seeks to increase the measurable and verifiable energy savings for various customer demographics, particularly targeting low-income households and elderly customers. This is part of a broader strategy to promote energy conservation and sustainable practices across the state's electrical grid.

Contention

Notable points of contention surrounding SB160 may arise from stakeholders who have differing perspectives on government intervention in energy markets. Supporters of the bill argue that it lays a necessary foundation for utilities to engage in actionable energy saving initiatives, while opponents may see it as governmental overreach that could impose excessive regulations on energy providers. Additionally, clashes may occur over how the bill defines what qualifies as energy efficiency programs, especially concerning its implications on competition among utility providers and the associated costs burdening their operations.