Energy Commission staff urges keeping 45% bill credit and boosting transparency

Carrie Hearn, executive director at the Energy Commission of Virginia, presented staff policy concepts and preliminary recommendations for 2027. She said staff are not recommending changes to the recently enacted budget allocation that directs 45% of new proceeds to customer credits and 55% to program funding (DHCD, DCR and administration). “So, effectively, our recommendation, is to keep the RGGI auction allocation proceeds at the highest level, the 45%, and then the remaining 55% to DHCD and DCR with administrative support from DEQ and DHCD effectively as is,” Hearn told the committee.