COVID-19 Procedures: All business with the Commission should be through electronic filing systems, email, or by telephone. For public health safety, in-person visits to SCC offices are suspended. Filings or other deliveries are permitted by drop off at main entrance. On-site staff is minimal and processing of such deliveries may be delayed.
SCC Approves Plans for New Renewable Energy Resources From Dominion Energy Virginia and Appalachian Power
APR 30, 2021
RICHMOND – The State Corporation Commission (SCC) has approved the annual plans for the development of new solar, onshore wind, and energy storage resources for Dominion Energy Virginia and Appalachian Power Company under a renewable energy portfolio standard program established by the Virginia Clean Economy Act (VCEA).
In completing a detailed analysis of the two plans and issues raised in these proceedings, the Commission wrote in its final orders that it is guided by the statute and the record. “We have exercised the Commission’s delegated discretion in a manner that faithfully implements the VCEA requirements that include carbon reduction, while best protecting consumers who expect and deserve reliable and affordable service.”
For the limited purpose of filing the first renewable portfolio standard (RPS) plans under the VCEA, the SCC found these plans are reasonable and prudent. The Commission further noted that when evaluating subsequent plans and associated petition requests, such future annual filings shall analyze how plans and requests address and implement the RPS and carbon dioxide reduction requirements.
As part of the final order in the Dominion case, the Commission approved the construction of three solar generating facilities, known as the Grassfield, Norge and Sycamore solar facilities totaling approximately 82 megawatts (MW). The SCC also approved the company’s plan to enter into six power purchase agreements for approximately 416 MW of solar power from facilities owned by third parties.
Contact: Andy Farmer, 804-371-9141
Virginians Can Enroll in 2021 Health Insurance Marketplace Through August 15; Additional Savings on Coverage are Potentially Available
APR 28, 2021
RICHMOND – More Virginians who buy health insurance through HealthCare.gov (the Marketplace) may now qualify for financial help with those premiums. Virginians who already receive financial help could be eligible for additional savings on health insurance coverage following Congress’ passage of the American Rescue Plan of 2021 (ARP).
According to the U.S. Department of Health and Human Services, approximately 77,000 uninsured Virginians are newly eligible for tax credits that reduce the cost of their health insurance premiums. An estimated four out of five enrollees may be able to find a plan for $10 or less per month with these tax credits. A family of four with household income of $90,000 could see premiums reduced by approximately $200 per month.
Following a Special Enrollment Period that began earlier this year, enrollment is now open through August 15 – no qualifying life event is necessary. If you already are covered through the Marketplace, you will need to re-enroll to take advantage of the new savings.
In Virginia, if you change from a health insurance plan not offered through the Marketplace to the same plan issued through the Marketplace, your cost-share accumulations – money you have paid out of pocket for medical services during the plan year – will transfer. Also, in Virginia, you can change to any Marketplace plan under the same insurer and your cost-share accumulations will transfer as long as the policyholder remains the same. It is important to understand, however, that when changing to a plan offered by a different insurer, your cost-share accumulations will not transfer.
“Whether you are uninsured, underinsured or looking for more savings on your health insurance, now is a great time for Virginians to review their health insurance coverage,” said Victoria Savoy, director of the Virginia Health Benefit Exchange. “The Special Enrollment Period and the American Rescue Plan offer an opportunity to save money on your health insurance premiums, increase your coverage, and sometimes both.”
NEW under ARP:
- Many Virginians now qualify for help paying for health coverage, even if they were not eligible in the past. The previous cap of 400 percent of the federal poverty level to receive premium tax credits has been removed. Premium savings are now available that cap the cost of the benchmark plan premium at 8.5 percent of household income.
- Most people currently enrolled in a Marketplace plan qualify for additional savings.
- Any excess 2020 tax credits owed back under reconciliation are now forgiven. This relief may affect how you complete your 2020 tax return. The IRS issued a news release outlining this relief on April 9. Visit www.irs.gov/newsroom/news-releases-for-current-month to review the release entitled, “IRS suspends requirement to repay excess advance payments of the 2020 Premium Tax Credit; those claiming net Premium Tax Credit must file Form 8962.”
- Consumers eligible for unemployment insurance benefits for as little as one week in 2021 may be eligible for $0 premium coverage with a low or no deductible. Visit Healthcare.gov to shop for coverage.
- Consumers who lost their job or had hours reduced may be eligible for free COBRA benefits from April 1-September 30, 2021. If qualified, your employer should provide information by May 30, 2021.
To enroll, update or change health insurance plans during the 2021 Special Enrollment Period, visit Healthcare.gov through August 15. Current enrollees must update their account to take immediate advantage of available savings. To do that, they must log in, review their application, make any necessary changes to their information, and submit their application to receive an updated eligibility determination before continuing to enroll.
Virginians who are new to the Marketplace and want to take advantage of these cost savings should visit Healthcare.gov or call 1-800-318-2596 (TTY: 1-855-889-4325). Coverage begins on the first day of the month after a plan is selected. For example, coverage will start June 1, 2021, for plans selected in May.
Virginia-based navigators are available, at no charge, to help consumers shop for and enroll in health care coverage. Visit coverva.org/en/find-help-in-your-area for local help.
For additional information about shopping for health insurance, visit the State Corporation Commission’s (SCC) Bureau of Insurance website at Shopping for Health Insurance in Virginia. To learn more about the Special Enrollment Period, visit the SCC’s Health Benefit Exchange website at scc.virginia.gov/pages/Details-for-Consumers.
Contact: Katha Treanor, 804-371-9141