WASHINGTON, D.C. – Today, the Virginia General Assembly gave its final sign off to SB 851, the Virginia Clean Economy Act (VCEA) and the bill is now headed to Governor Ralph Northam’s desk for signature. If signed by Governor Northam, the VCEA establishes a mandatory renewable energy program that will allow communities across the Commonwealth to better access solar energy. The bill includes provisions for rooftop solar power, expanded net metering provisions, protections for low-income families, and increased project size limits for commercial and residential solar energy projects.

Sol Systems Senior Director of Regulatory Affairs and Market Development, Andrew Williams, provided the following statement in response:

“With the passage of The Virginia Clean Economy Act, Governor Northam now has the opportunity to catapult Virginia forward as a clean energy leader by mandating a renewable energy portfolio standard that sets a clear path to meet his goal of reaching a 100% clean energy power-sector by mid-century. Once signed into law, the Act will create thousands of jobs and help ensure communities across the Commonwealth have access to and benefit from solar energy and will help ensure that billions of new dollars will be invested in the Commonwealth.”

 

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Sol Systems is a leading national solar energy firm with an established reputation for integrity and reliability across its development, infrastructure and environmental commodity businesses. To date, Sol has developed and/or financed over 850 MW of solar projects valued at more than $1 billion for Fortune 100 companies, municipalities, counties, utilities, universities and schools. The company also actively shapes and trades in environmental commodity and electricity markets throughout the United States. The company was founded in 2008, is based in Washington, D.C., and is led by its founder. Sol Systems works with its team, partners, and clients to create a more sustainable future we can all believe in. For more information, visit www.solsystems.com.