Attorney General Ken Cuccinelli (R) and a state environmental group have found rare common ground on Virginia’s renewable energy law, though the two parties differ on how to solve the problem.
Last month, Cuccinelli released a report that studied the costs and benefits of incentives given to the state’s two largest electric utilities aimed at expanding renewable energy in Virginia. The incentives started in 2007, when Virginia’s electric utility system was revamped.
Cuccinelli said the incentives given to Dominion Virginia Power and Appalachian Power have not served their purpose and called on the General Assembly to eliminate the bonuses. He painted the law as short-changing consumers and the environment.
The Chesapeake Climate Action Network issued a report Monday that was largely in agreement with Cuccinelli’s concerns. Both parties criticized the law for allowing bonuses for utilities that have not built any new renewable energy facilities, instead relying on renewable energy certificates from facilities that existed before the law was passed, including an 80-year-old hydroelectric plant.