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VA SB457

VA SB457
Electric utilities; renewable energy portfolio standard eligible sources, etc.


summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

Potential new amendment
2026 Regular Regular Session

Bill Summary

Electric utilities; renewable energy portfolio standard eligible sources; zero-carbon electricity generating nuclear facilities. Provides that, for the purposes of the renewable energy portfolio standard, eligible sources include zero-carbon electricity generating nuclear facilities located in the Commonwealth.

AI Summary

This bill amends Virginia's Renewable Energy Portfolio Standard (RPS) program to include zero-carbon electricity generating nuclear facilities as eligible sources for meeting renewable energy goals. The RPS program, administered by Phase I and Phase II Utilities, requires them to meet annual targets for selling renewable energy and, under this bill, zero-carbon electricity, to retail customers. The bill specifically adds "zero-carbon electricity generating nuclear facilities located in the Commonwealth" to the list of eligible sources for Renewable Energy Certificates (RECs), which utilities must acquire and retire to comply with the RPS program. This change aims to expand the types of clean energy that can contribute to Virginia's renewable energy targets, recognizing nuclear power as a zero-emission source of electricity.

Committee Categories

Business and Industry

Sponsors (15)

Last Action

Commerce and Labor Amendment - Commerce and Labor Amendment (on 02/13/2026)

bill text


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bill summary

Document Type Source Location
State Bill Page https://lis.virginia.gov/bill-details/20261/SB457
Commerce and Labor Amendment https://lis.virginia.gov/bill-details/20261/SB457/text/SB457ASC1
Fiscal Note/Analysis - Fiscal Impact Statement from State Corporation Commission (SB457) https://lis.blob.core.windows.net/files/1096323.PDF
BillText https://lis.virginia.gov/bill-details/20261/SB457/text/SB457
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