VirginiaElectric utilities; integrated resource plans, Phase I or Phase II files updated plans, etc.
What it does
Electric utilities; integrated resource plans. Makes various changes related to the content and process for an integrated resource plan (IRP) developed by an electric utility that provides a forecast of its load obligations and a plan to meet those obligations. The bill (i) extends the planning timeframe from 15 to 20 years; (ii) requires Appalachian Power to file an IRP by removing an exception from the definition of "electric utility"; (iii) changes the frequency a utility is required to file an IRP from biennially to triennially; and (iv) requires utilities to consider the use of grid-enhancing technologies as alternatives to new transmission infrastructure, and when new transmission lines are envisioned, to provide the reasons grid-enhancing technologies are not sufficient to defer or eliminate the need for new transmission infrastructure.The bill requires that the current stakeholder review process for integrated resource plans be facilitated by a third-party facilitator selected by the State Corporation Commission and compensated by the utility.
More detail
The bill requires, as part of the stakeholder review process, the utility to provide stakeholders with reasonable access to the same modeling software, modeling assumptions, modeling inputs, and data used by the utility to evaluate supply and demand resources in its integrated resource plan to enable stakeholders to create modeling scenarios for the utility's consideration during the development of its integrated resource plan.The bill requires the Commission to (a) establish guidelines that ensure that utilities develop comprehensive integrated resource plans and provide meaningful public engagement and maximum transparency during the planning process; (b) conduct a proceeding by July 1, 2026, and at least once every five years thereafter, to identify and review each of its existing orders relevant to integrated resource plans to determine if such orders remain necessary and effective and are not overly burdensome; and (c) to convene a work group to make recommendations on the required guidelines.Finally, the bill requires any petition to permit the construction and operation of electrical generating facilities filed by an electric utility that is required to file an integrated resource plan to (1) incorporate the intent to construct and operate such generating facilities or (2) if the utility's intent to construct and operate such generating facilities was not identified in the utility's most recently approved integrated resource plan, provide a detailed explanation of why the utility did not anticipate the need for such generating facilities.As introduced, this bill was a recommendation of the Commission on Electric Utility Regulation. This bill is identical to SB 1021.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Apr 2House sustained Governor's vetoLatest
- Mar 24Vetoed by Governor Glenn YoungkinMajor
- Mar 20Fiscal Impact Statement from State Corporation Commission (HB2413)
- Mar 11Governor's Action Deadline 11:59 p.m., March 24, 2025To Governor
- Mar 11Enrolled Bill communicated to Governor on March 11, 2025Minor
- Mar 10Signed by PresidentMajor
- Mar 7Signed by SpeakerMajor
- Mar 7Bill text as passed House and Senate (HB2413ER)Major
- Mar 7EnrolledMinor
- Feb 20Senate substitute agreed to by House (53-Y 45-N)Major
- Vote recorded Senate substitute agreed to by House (53-Y 45-N). Result: pass.Lower
- Feb 19Passed Senate with substitute (21-Y 18-N)Passed Senate
- Vote recorded Passed Senate with substitute (21-Y 18-N). Result: pass.Upper
- Feb 19Engrossed by Senate - committee substituteMajor
- Feb 19Commerce and Labor Substitute agreed to
- Feb 19Reading of substitute waived
- Feb 19Read third timeMinor
- Feb 18Passed by for the day
- Vote recorded Constitutional reading dispensed (on 2nd reading) (40-Y 0-N). Result: pass.Upper
- Feb 18Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)
- Feb 18Rules suspended
- Feb 17Committee substitute printed 25107628D-S1Major
- Vote recorded Reported from Commerce and Labor with substitute (9-Y 6-N). Result: pass.Upper
- Feb 17Reported from Commerce and Labor with substitute (9-Y 6-N)Minor
- Feb 4Referred to Committee on Commerce and LaborMinor
- Feb 4Constitutional reading dispensed (on 1st reading)
- Feb 3Read third time and passed House (78-Y 21-N)Passed House
- Vote recorded Read third time and passed House (78-Y 21-N). Result: pass.Lower
- Jan 31Read second time and engrossedMinor
- Jan 30Read first timeMinor
- Jan 28Reported from Labor and Commerce (16-Y 6-N)Minor
- Vote recorded Reported from Labor and Commerce (16-Y 6-N). Result: pass.Lower
- Jan 23Fiscal Impact Statement from State Corporation Commission (HB2413)
- Vote recorded Subcommittee recommends reporting (8-Y 2-N). Result: pass.Lower
- Jan 23Subcommittee recommends reporting (8-Y 2-N)
- Jan 21Assigned L & C sub: Subcommittee #3Minor
- Jan 8Referred to Committee on Labor and CommerceMinor
- Jan 8Prefiled and ordered printed; Offered 01-08-2025 25103760DIntroduced