Bill Summary for S 669 (2023-2024)
Printer-friendly: Click to view
Summary date:
Bill Information:
View NCGA Bill Details | 2023-2024 Session |
AN ACT TO REQUIRE RESPONSIBLE DECOMMISSIONING OF NEWLY-SITED UTILITY-SCALE SOLAR PROJECTS UPON CESSATION OF OPERATIONS.Intro. by P. Newton, Moffitt, Rabon.
View: All Summaries for Bill | Tracking: |
Bill summary
Senate committee substitute to the 1st edition makes the following changes.
Amends new GS 130A-309.240(b) (decommissioning requirement for utility-scale solar projects) to change requirement that the owner/operator restore the property to its prior condition before the utility-scale solar project was sited to instead allow the owner/operator to either restore the property to its condition before the utility-scale solar project was sited or an alternative condition approved by the landowner and the Department of Environmental Quality (Department). Makes conforming change to GS 130A-309.240(c) (decommissioning plan) and GS 130A-309.240(d) (financial assurance requirement). Requires the rules adopted by the Department to require periodic updates to be provided by the owners and operators with respect to financial assurance maintained. Deletes requirement that the Department adopt rules addressing the requirements for financial assurance, including processes to estimate costs of decommissioning, information on salvage values that may offset decommissioning costs, and periodic updates to be provided by owners or operators to the Department.