VirginiaElectric cooperatives; authorized to establish and implement a virtual power plant program.
What it does
Electric utilities; virtual power plant program; electric cooperatives. Authorizes electric cooperatives to establish and implement a virtual power plant program. The bill defines a virtual power plant as an aggregation of distributed energy resources, enrolled either directly with an electric cooperative or indirectly through an aggregator, that are operated in coordination to provide one or more grid services.
More detail
Under the bill, an electric cooperative may offer incentives to residential customers to purchase battery storage devices and is required to evaluate various methods to optimize demand. This bill is identical to SB 487.
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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
- Mar 31Acts of Assembly Chapter text (CHAP0044)Latest
- Mar 31Approved by Governor Abigail Spanberger-Chapter 44 (effective 7/1/2026)Became Law
- Mar 12Fiscal Impact Statement from State Corporation Commission (HB562)
- Mar 10Governor's Action Deadline 11:59 p.m., April 13, 2026To Governor
- Mar 10Enrolled Bill communicated to Governor on March 10, 2026Minor
- Mar 6Signed by PresidentMajor
- Mar 6Signed by SpeakerMajor
- Mar 6Bill text as passed House and Senate (HB562ER)Major
- Mar 6EnrolledMinor
- Mar 2Senate substitute agreed to by House (98-Y 1-N 0-A)Major
- Vote recorded H VOTE:. Result: pass.Lower
- Feb 26Passed Senate with substitute (39-Y 1-N 0-A)Passed Senate
- Vote recorded Passage R. Result: pass.Upper
- Feb 26Engrossed by Senate - floor substitute
- Feb 26Senator McPike Substitute agreed to
- Feb 26Reading of substitute waived
- Feb 26Floor offered Senator McPike Substitute
- Feb 26Read third timeMinor
- Feb 26Floor substitute printed 26108702D-S1 (McPike)
- Feb 25Passed by for the day Block Vote (Voice Vote)
- Vote recorded Constitutional reading dispensed (on 2nd reading). Result: pass.Upper
- Feb 25Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
- Feb 25Rules suspended
- Feb 23Reported from Commerce and Labor (14-Y 0-N)Minor
- Vote recorded Reported from Commerce and Labor. Result: pass.Upper
- Feb 3Referred to Committee on Commerce and LaborMinor
- Feb 3Constitutional reading dispensed (on 1st reading)
- Feb 2Read third time and passed House (99-Y 0-N 0-A)Passed House
- Vote recorded H VOTE:. Result: pass.Lower
- Jan 30Read second time and engrossedMinor
- Jan 29Read first timeMinor
- Jan 27Reported from Labor and Commerce (22-Y 0-N)Minor
- Vote recorded Reported from Labor and Commerce. Result: pass.Lower
- Jan 22Subcommittee recommends reporting (9-Y 0-N)
- Vote recorded Subcommittee recommends reporting. Result: pass.Lower
- Jan 20Assigned HCL sub: Subcommittee #3Minor
- Jan 19Fiscal Impact Statement from State Corporation Commission (HB562)
- Jan 13Referred to Committee on Labor and CommerceMinor
- Jan 13Prefiled and ordered printed; Offered 01-14-2026 26105224DIntroduced