§ 45.2-1917. Low-to-Moderate Income Solar Loan and Rebate Pilot Program
A. The Board, with the approval of the Director, shall develop and establish a Low-to-Moderate Income Solar Loan and Rebate Pilot Program and rules for the loan or rebate application process. The Program shall be open to any Virginia resident whose household income is at or below 80 percent of the state median income or […]
§ 45.2-1916. Low-to-Moderate Income Solar Loan and Rebate Fund
There is hereby established in the state treasury a special nonreverting fund to be known as the Low-to-Moderate Income Solar Loan and Rebate Fund. The Fund shall be established on the books of the Comptroller. All funds appropriated for such purpose and any gifts, donations, grants, bequests, and other funds received on its behalf shall […]
§ 45.2-1914. Membership; terms; quorum; meetings
A. The Board shall have a total membership of 17 members that shall consist of 16 nonlegislative citizen members and one ex officio member. Members may reside within or without the Commonwealth. Nonlegislative citizen members shall be appointed as follows: 1. Six nonlegislative citizen members to be appointed by the Speaker of the House of […]
§ 45.2-1915. Powers and duties of the Board; report
The Board has the powers and duties to: 1. Advise the Director on the management of the Fund pursuant to the provisions of § 45.2-1916; 2. Develop, establish, and operate, with the approval of the Director, the Program pursuant to the provisions of § 45.2-1917; 3. Advise the Director on the possibility of working with […]
§ 45.2-1913. Clean Energy Advisory Board; purpose
The Clean Energy Advisory Board is established as an advisory board in the executive branch of state government. The purpose of the Board is to establish a pilot program for disbursing loans or rebates for the installation of solar energy infrastructure in low-income and moderate-income households. 2019, c. 554, § 45.1-395; 2021, Sp. Sess. I, […]
§ 45.2-1911. (Effective October 1, 2021; Expires July 1, 2025) Sunset
The provisions of this article shall expire on July 1, 2025. 2021, Sp. Sess. I, c. 387.
§ 45.2-1912. Definitions
As used in this article, unless the context requires a different meaning: “Board” means the Clean Energy Advisory Board created pursuant to § 45.2-1913. “Fund” means the Low-to-Moderate Income Solar Loan and Rebate Fund created pursuant to § 45.2-1916. “Program” means the Low-to-Moderate Income Solar Loan and Rebate Pilot Program created pursuant to § 45.2-1917. […]
§ 45.2-1908. (Effective October 1, 2021; Expires July 1, 2025) Annual report
On or before October 15 of each year, the Authority shall submit an annual summary of its activities and recommendations to the Governor and the Chairmen of the House Committee on Appropriations, the Senate Committee on Finance and Appropriations, the House Committee on Labor and Commerce, and the Senate Committee on Commerce and Labor. 2015, […]
§ 45.2-1909. (Effective October 1, 2021; Expires July 1, 2025) Confidentiality of information
A. The Authority shall hold in confidence the personal and financial information supplied to it or maintained by it concerning the siting and development of solar energy projects and energy storage projects. B. Nothing in this section shall prohibit the Authority, in its discretion, from releasing any information that has been transformed into a statistical […]
§ 45.2-1910. (Effective October 1, 2021; Expires July 1, 2025) Declaration of public purpose; exemption from taxation
A. The exercise of the powers granted by this article shall be in all respects for the benefit of the citizens of the Commonwealth and for the promotion of their welfare, convenience, and prosperity. B. The Authority shall be deemed to be performing an essential governmental function in the exercise of the powers conferred upon […]