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It is important that we pass meaningful energy efficiency legislation this year, because it is the cheapest, quickest and cleanest way for Virginia to meet its growing energy demands.
* CHEAP: It can help customers lower their end of the month electricity bills through weatherization, more efficient appliances & heating and cooling systems, lighting.
* QUICK: Utility programs can be rolled out immediately;
* CLEAN: Reducing electricity usage also reduces air pollution, including emissions contributing to climate change.
HB 2506 will be voted on in the Senate THIS WEEK! SB 1248 (Northam), which is now comparable to HB 2506, could be voted on in the House of Delegates as early as TODAY!
This is our last chance in 2009 to pass legislation to move energy efficiency forward in Virginia!
HB 2506 and SB 1248 are modest cost recovery bills that provide a base rate of return to public utilities (Dominion, Appalachian Power) for energy efficiency programs that reduce the total amount of electricity consumption. To receive this cost recovery, the utility must demonstrate to the State Corporation Commission that the program is in the public interest, and the SCC will determine what costs should be allowed.
These bills provide the necessary framework to begin developing real energy efficiency programs for consumers and businesses. They are an essential step forward for energy efficiency in Virginia.
This legislation provides NO enhanced rate of return for utilities and it exempts only very large industries many of which already operate energy efficiency programs in order to reduce their costs. Mid-sized industries or commercial businesses who already utilize energy efficiency may appeal to the State Corporation Commission for an exemption as well.
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It is important that we pass meaningful energy efficiency legislation this year, because it is the cheapest, quickest and cleanest way for Virginia to meet its growing energy demands.
