An Act to amend 196.374 (1) (d) and 196.374 (3) (b) 2.; to create 196.374 (1) (dm) of the statutes; Relating to: increasing the Focus on Energy rate and including residential energy storage in Focus on Energy. (FE)
Impact
If enacted, AB869 will potentially lead to a substantial increase in funding for energy efficiency programs, which may enhance the adoption of renewable energy technologies and improve overall energy conservation efforts in Wisconsin. By elevating the investment level from utilities, the state aims to accelerate the transition towards cleaner energy practices and facilitate the integration of energy storage solutions for residential customers. This could lead to long-term environmental benefits and help mitigate energy costs for consumers, promoting a greener economy.
Summary
Assembly Bill 869 introduces significant amendments to the Focus on Energy program, which is a statewide initiative aimed at promoting energy efficiency and renewable energy resources in Wisconsin. The bill mandates that investor-owned electric and natural gas utilities increase their contributions to the program from the current requirement of 1.2% to 2.4% of their annual operating revenues derived from retail sales. This change is intended to bolster the program's funding and enhance its capacity to support energy efficiency initiatives across the state. Notably, the bill also includes provisions to incorporate residential energy storage systems into the Focus on Energy framework, thereby expanding the scope of eligible projects under the program.
Contention
The bill may face criticism from various stakeholders, particularly from utilities concerned about the financial implications of increasing their spending on the Focus on Energy program. There are apprehensions regarding how the increased funding requirements might be managed and whether it will translate into higher rates for consumers. Furthermore, the inclusion of residential energy storage as part of the program could raise questions about the equitable distribution of benefits and resources across different socio-economic groups. Stakeholders may argue that while the bill's intent is beneficial, careful consideration is needed to ensure it doesn't disproportionately burden certain customers or lead to unintended consequences in the utility landscape.
Focus on Energy inclusion of programs promoting energy efficiency and renewable energy measures for low-income households and granting rule-making authority. (FE)
Focus on Energy inclusion of programs promoting energy efficiency and renewable energy measures for low-income households and granting rule-making authority. (FE)
Energy; creating the Energy Storage Resource Safety Act; energy storage resources; report; emergency operations plan; State Fire Marshall; fees; Solar Energy Development Act; statements; records; Corporation Commission; emergency.
A BILL to amend the Code of Virginia by adding in Chapter 19 of Title 45.2 an article numbered 4, consisting of sections numbered 45.2-1918 through 45.2-1922, and by adding in Article 13 of Chapter 3 of Title 58.1 a section numbered 58.1-439.12:13, relating to Department of Energy; Virginia Solar Energy and Battery Energy Storage Systems Program and tax credit; solar energy and battery energy storage projects.