VirginiaPhase II utilities would set minimum charges for GS-5 customers
If adopted, the bill would require Phase II Utilities to set GS-5 rates with a minimum generation charge tied to each customer's contracted electric demand.
What it does
A Phase II Utility would have to set GS-5 rates with a minimum generation charge based on each customer's full contracted electric demand.
Argument forA charge tied to contracted demand could help the utility recover generation costs from GS-5 customers.
Argument againstCustomers who use less electricity than they contracted for might still owe a charge based on the full contracted demand.
More detail
A Phase II Utility would have to set rates that require each GS-5 customer to pay a minimum generation charge equal to 100 percent of the customer's contracted electric demand. This covers customers in the GS-5 rate class set by the State Corporation Commission's final order in Case No. PUR-2025-00058. The utility would have to establish these rates, terms, and conditions by January 1, 2027.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jul 21Continued from last sessionLatest
- Feb 12Continued to next session in Commerce and Labor (15-Y 0-N)
- Jan 27Fiscal Impact Statement from State Corporation Commission (SB503)
- Jan 13Referred to Committee on Commerce and LaborMinor
- Jan 13Prefiled and ordered printed; Offered 01-14-2026 26103916DIntroduced
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