                                 CODE OF VIRGINIA

REVENUE SHARE FOR SOLAR ENERGY PROJECTS AND ENERGY STORAGE SYSTEMS (§
58.1-2636)

A. 1. Any locality may by ordinance assess a revenue share of (i) up to $1,400
per megawatt, as measured in alternating current (AC) generation capacity of the
nameplate capacity of the facility based on submissions by the facility owner to
the interconnecting utility, on any solar photovoltaic (electric energy)
project, or (ii) up to $1,400 per megawatt, as measured in alternating current
(AC) storage capacity, on any energy storage system.

   2. Except as prohibited by subdivision 3, the maximum amount of the revenue
   share that may be imposed shall be increased on July 1, 2026, and every five
   years thereafter by 10 percent.

   3. The provisions of subdivision 2 shall not apply to solar photovoltaic
   projects or energy storage systems for which an application has been filed
   with the locality, as defined by subsection D of &#xA7; 58.1-3660, and such
   application has been approved by the locality prior to January 1, 2021. The
   provisions of subdivision 2 shall apply to all such projects and systems for
   which an application is approved by the locality on or after January 1, 2021.

B. For purposes of this section, &#8220;solar photovoltaic (electric energy)
project&#8221; shall not include any project that is (i) described in &#xA7;
56-594, 56-594.01, 56-594.02, or 56-594.2; (ii) 20 megawatts or less, as
measured in alternating current (AC) generation capacity, for which an initial
interconnection request form has been filed with an electric utility or a
regional transmission organization on or before December 31, 2018; or (iii) five
megawatts or less.

HISTORY: 2020, cc. 1224, 1270; 2021, Sp. Sess. I, cc. 49, 50, 429.