Description: Report on the findings and recommendations of the stakeholder work group convened to examine the feasibility of establishing renewable energy portfolio standard program (RPS program) requirements under § 56-585.5 of the Code of Virginia, that require each Phase I and Phase II Utility, as defined in subdivision A. 1. of § 56-585.1 of the Code of Virginia, to procure and retire renewable energy certificates (RECs) from geothermal heating and cooling systems, as defined in § 56-576 of the Code of Virginia, placed in service after August 16, 2022, as a percentage of the number of RECs used for RPS program compliance.
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