Description

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.

The fund will be used to provide loans for residential, commercial, or nonprofit solar energy projects. Qualifying solar energy projects cannot be acquired, installed or operating before July 1, 2012.