As used in this chapter, unless the context clearly requires otherwise: “Corporation” means an entity subject to the tax imposed by Article 10 (§ 58.1-400 et seq.) of Chapter 3 of Title 58.1. “Department” means the Department of Mines, Minerals and Energy. “Fund” means the Renewable Electricity Production Grant Fund established pursuant to § 67-902. […]
Subject to appropriation of sufficient moneys in the Fund, an eligible corporation may receive a grant payable from the Fund for certain kilowatt hours of electricity produced after December 31, 2006. The grant amount shall be $.0085 for each kilowatt hour of electricity (i) produced by the corporation from qualified energy resources at a qualified […]
A. There is hereby established in the state treasury a special nonreverting fund to be known as the Renewable Electricity Production Grant Fund. The Fund shall consist of such moneys as may be appropriated by the General Assembly from time to time. Any moneys deposited to or remaining in the Fund during or at the […]
A. The Department shall establish an application process by which eligible corporations shall apply for a grant under this chapter. An application for a grant under this chapter shall not be approved until the Department has verified that the electricity has been produced from qualified energy resources at a qualified Virginia facility and that sufficient […]
