VirginiaElectric utilities; renewable portfolio standard program, deficiency payments.
What it does
Electric utilities; renewable portfolio standard program; deficiency payments. Changes from $45 to $0.01 the amount of deficiency payment required by certain electric utilities that are unable to meet the compliance obligations of the renewable energy portfolio standard program requirements and removes provisions requiring a payment of $75 per megawatt-hour of shortfall in procuring renewable energy certificates for solar, wind, or anaerobic digesters.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Feb 18Left in Labor and CommerceLatest
- Jan 27Fiscal Impact Statement from State Corporation Commission (HB615)
- Jan 13Referred to Committee on Labor and CommerceMinor
- Jan 13Prefiled and ordered printed; Offered 01-14-2026 26101874DIntroduced