Solar Power Laws In Virginia

The pbr requirements for a complete application to construct and operate are explicitly identified under the regulation rather than being developed on a case by case basis and applies to solar energy projects 150 megawatts or less.

Solar power laws in virginia. The act establishes that 16 100 megawatts of solar and onshore wind is in the public interest the law expands net metering making it easier for rooftop solar to advance across virginia. Solar power in virginia on rooftops is estimated to be capable of providing 32 4 of electricity used in virginia using 28 500 mw of solar panels. The small renewable energy projects solar permit by rule pbr regulation became effective on july 18 2012. In spite of the public benefits of solar power virginia utilities have opposed private investments in solar and even imposed new barriers.

Exempting the value that the solar power system adds to your home from being counted in property tax calculations. The tax code is not entirely devoid of love for solar power. Virginia passed legislation way back in 1977 authorizing municipalities to exempt residential solar power systems from taxation i e. Installing solar panels provides a 6 8 return on investment in virginia and a 5 kw array would return a profit of 16 041 over its 25 year life.

The new law requires virginia s largest energy companies to construct or acquire more than 3 100 megawatts of energy storage capacity.