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Governor signs repeal of renewable energy incentives 

Credit:  By Kathy Adams | The Virginian-Pilot | hamptonroads.com ~~

Gov. Bob McDonnell signed legislation Thursday repealing certain financial incentives for electric utility companies that use renewable energy sources.

The change means utilities, such as Dominion Virginia Power, will no longer be eligible for a bonus for obtaining a certain portion of their energy from renewable sources, such as solar power. Reduced incentives remain for nuclear and offshore wind power.

Attorney General Ken Cuccinelli proposed repealing the “adders” after a study showed they were increasing consumers’ bills without having the intended environmental impact.

Opponents of the repeal, mostly environmental groups such as the Virginia Chapter Sierra Club, argued the law needed to be changed, not done away with altogether.

Dominion still plans to meet the goals of the program, even without the financial incentive from the state, and is pursuing projects to that end, said spokesman Jim Norvelle.

“We are looking for ways to get onshore wind generation, and we are launching a pilot program to add a large amount of solar-generated electricity to our grid that will begin this year as well,” he said.

Also under consideration is an offshore wind farm for Virginia Beach and an expansion of Dominon’s nuclear facility in Louisa County, Norvelle said.

Source:  By Kathy Adams | The Virginian-Pilot | hamptonroads.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

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