Bill > HB2356

This bill introduces new requirements for public service companies and third-party developers working on renewable energy projects (RPS-eligible sources) with over one megawatt of generating capacity. The bill mandates that these companies must pay workers a prevailing wage rate, which is determined based on the typical wages for similar work in the local area, and ensure that at least 15 percent of total labor hours are performed by qualified apprentices. If a company employs four or more individuals for such work, they must include at least one qualified apprentice. Failure to comply with these wage and apprenticeship requirements will result in financial penalties: $5,000 per employee paid less than the prevailing wage (or $10,000 if the violation is deemed intentional), and $50 per labor hour that does not meet apprenticeship requirements (or $500 per hour if the violation is intentional). The bill defines key terms such as "public service company" (excluding communications service providers) and "RPS-eligible source" (renewable energy sources meeting specific criteria). These provisions will apply to contracts entered into, amended, or modified on or after July 1, 2025, aiming to ensure fair compensation and workforce development in the renewable energy sector.

Budget and Finance, Business and Industry

https://lis.virginia.gov/bill-details/20251/HB2356