It is the policy of the Commonwealth of Virginia to encourage the utilization of its water resources to the greatest practicable extent, to control the waters of the Commonwealth, and also to construct or reconstruct dams in any rivers or streams within the Commonwealth for the generation of hydroelectric energy for use or sale in public service. The State Corporation Commission is responsible for regulating the development of waters of the Commonwealth.
Washington Gas provides a number of rebates to residential customers who utilize energy efficient equipment and measures in the home. Rebate are available for tankless water heaters, storage (tank) water heaters, boilers, programmable thermostats, heating system checkups, and Energy Star home certification. Homes must receive natural gas service from Washington Gas in order to be eligible for the program. Appliances must be installed by a licensed contractor. All rebate applications are available on the program website.
In April 2011, the Virginia legislature created the Voluntary Solar Resource Development Fund. The fund is administered by the Department of Mines, Minerals and Energy (DMME). All utilities are required to provide a link on their web site to the DMME web site, where customers can make contributions to the fund. Utilities must also provide opportunities for customers to donate through their paper newsletters, emails or bills.
As part of legislation to re-regulate the state's electricity industry, Virginia enacted a voluntary renewable energy portfolio goal in 2007. Legislation passed in 2009 (HB 1994) expanded the goal, encouraging investor-owned utilities to procure a percentage of the power sold in Virginia from eligible renewable energy sources. Legislation passed in 2012 (SB 413) allows investor-owned utilities to meet up to 20% of a renewable energy goal through certificated research and development activity expenses related to renewable energy and alternative energy sources.
Solid waste and hazardous waste are regulated under a number of programs at the Department of Environmental Quality. These programs are designed to encourage the reuse and recycling of solid waste and to regulate the disposal and treatment of solid waste, including regulated medical waste, and to ensure that hazardous waste is properly managed. Standards are designed to protect human health and the environment and are driven by regulatory requirements.
The Virginia Resources Authority provides financing options to support community investment in a number of areas, including wastewater, flood prevention and dam safety, solid waste, water, land conservation and preservation, energy, and site acquisition and development for economic and community development. The Authority also administers the Water Facilities, Water Supply, and Solid Waste or Recycling Revolving Funds, as described in subsequent chapters of the Virginia Code.
The Virginia Regional Industrial Facilities Act is meant to aid the economic development of localities within the Commonwealth. The Act provides a mechanism for localities to establish regional industrial facility authorities, enabling them to pool financial resources to stimulate economic development. The purpose of a regional industrial facility authority is to enhance the economic base for the member localities by developing, owning, and operating one or more facilities on a cooperative basis involving its member localities.
The Virginia Offshore Wind Development Authority is a public body, established for the purposes of facilitating, coordinating, and supporting the development, either by the Authority or by other qualified entities, of the offshore wind energy industry, offshore wind energy projects, and associated supply chain vendors.
The Virginia Jobs Investment Program provides cash grants to existing businesses which seek expansion or new facility locations. The company must create a minimum of 25 net new jobs within 12 months from the date of first hire and make a capital investment of at least $1,000,000.
The Virginia Jobs Investment Program offers three programs to both new and existing businesses.
New Jobs Program: For companies or start ups expecting significant growth in the next three years.