In 2020, the Virginia General Assembly amended the Code of Virginia by adding section 56-585.1:12, which establishes a program affording eligible multi-family customers of Kentucky Utilities Company d/b/a Old Dominion Power Company (“ODP”) the opportunity to participate in multi-family shared solar projects.
Virginia Code 56-585.1:12 describes the type of shared solar facilities eligible for the program. A “subscriber organization” is defined by the law as an “entity that owns or operates one or more shared solar facilities.” A “subscriber” is defined by the law as a multi-family customer that “owns one or more subscriptions of a shared solar facility that is interconnected with the utility.”
For eligible subscribers, ODP will provide a bill credit on the subscriber’s bill for the proportional output of the multi-family shared solar facilities attributable to that subscriber. The Virginia State Corporation Commission (“Commission”) established regulations for the multi-family shared solar program in Case No. PUR-2020-00124 and is presently considering the amount of the bill credit rate. The Commission is expected to establish the bill credit rate this summer.
ODP will begin accepting applications for registration in the multi-family shared solar program on July 1, 2021. Subscriber organizations interested in operating a multi-family shared solar facility in ODP’s service territory or ODP customers interested in subscribing to the multi-family shared solar program should contact ODP using the link below. A sample draft contract that eligible subscriber organizations will be asked to execute with ODP before participating in the program is available below.