Solar energy generation facilities; consumer protection regulations.
If enacted, the bill could substantially influence the solar industry in Virginia by introducing formal consumer protection measures. This includes establishing a complaint process for consumers, detailing how alleged violations will be investigated, and the protocols for imposing fines on violators. Additionally, it will provide guidelines to void certain agreements that do not meet regulatory standards. These measures are intended to enhance consumer confidence in solar energy investments and transactions.
House Bill 2355 mandates the convening of a stakeholder work group by the Department of Energy to develop consumer protection regulations for the sale or lease of solar energy generation facilities with a capacity under 25 kilowatts. This initiative seeks to address gaps in current consumer protections within the existing Code of Virginia. The work group will not only evaluate current protections but also consider the implementation of required disclosures by companies involved in solar energy sales, development, or lending.
There may be points of contention regarding the extent and specifics of such consumer protection regulations. Stakeholders from various sectors including legal representatives, electric utilities, and solar advocacy organizations will have differing views on the proposed disclosures and consumer rights. Some industry representatives may argue that additional regulatory measures could hinder growth in the solar market, while consumer advocacy groups are likely to support strong protective measures to safeguard residents from potential malfeasance in the industry.