Virginia State & Renewable Energy Facts
Check out these fascinating facts:
1. It’s defined by the Virginia General Assembly: “’Renewable energy’ means energy derived from sunlight, wind, falling water, biomass, sustainable or otherwise, (the definitions of which shall be liberally construed), energy from waste, municipal solid waste, wave motion, tides, and geothermal power, and does not include energy derived from coal, oil, natural gas or nuclear power. Renewable energy shall also include the proportion of the thermal or electric energy from a facility that results from the co-firing of biomass.”
2.”The most expensive form of energy that can be converted into electricity is offshore wind. The United States have no offshore wind farms.”
3. “The General Assembly has recommended that 15 percent of electricity in Virginia come from renewable energy sources by 2025. This is only a recommended benchmark. If providers meet that goal, they can receive bonuses, but they will not be penalized if they miss the goal. Many state legislatures, including Maryland and New Jersey, have created mandatory “renewable portfolio standards,” that require electricity providers to generate a certain percentage of power through renewable sources.”
4. Dominion — or any other electricity provider — can sell the renewable energy in the form of “renewable energy certificates.” This means that even though renewable energy is generated in Virginia, it’s not necessarily being used by Virginians.
5. “No state tax incentives exist in Virginia for homeowners to install solar panels. Last month, Gov. Bob McDonnell vetoed the “solar freedom bill,” legislation that passed the General Assembly that would have made it illegal for neighborhood associations to ban the installation of solar panels.”
Turning to renewable energy
Despite lower electricity prices in Virginia, there are still many benefits to using renewable energy that extend well beyond just saving money. In addition to the listed incentives above, turning to alternative energy sources means exhibiting environmental leadership, which will generate a positive response from the community and the state.
Read the full article: “Renewable Energy in Virginia: 5 Things You Need To Know”