SB973: Captured waste mine methane pilot program; electric generation, renewable portfolio standard.

Legislative Summary

Pilot program; electric generation from captured waste mine methane; renewable portfolio standard. Directs the State Corporation Commission to establish a pilot program for American Electric Power and Dominion Energy to submit proposals to deploy electric generation that utilizes, in whole or in part, captured waste mine methane, as defined in the bill. Under the bill, reasonable and prudent costs incurred under the captured waste mine methane pilot program shall be recovered through utility base rates for generation and distribution services. Additionally, the bill provides that electricity generated using captured waste mine methane with a non-combustion electric generator under the captured waste mine methane project shall be considered an eligible resource for purposes of the renewable energy portfolio standard program until December 31, 2045.