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VA SB627

VA SB627
Electric utilities; renewable energy portfolio standard program.


summary

Introduced
01/14/2026
In Committee
01/14/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Regular Session

Bill Summary

Electric utilities; renewable energy portfolio standard program. Repeals provisions (i) requiring Dominion Energy and Appalachian Power to participate in a renewable energy portfolio standard program that requires each such utility to procure and retire renewable energy certificates and (ii) permitting the recovery of certain costs associated with compliance with such program.

AI Summary

This bill repeals provisions that required Dominion Energy and Appalachian Power to participate in a renewable energy portfolio standard program, which mandated that these utilities purchase and retire renewable energy certificates (RECs) to meet specific renewable energy goals. The bill also removes the ability for these utilities to recover costs associated with complying with this program. Essentially, it eliminates the state's mandatory renewable energy portfolio standard program for these specific electric utilities.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Passed by indefinitely in Commerce and Labor (9-Y 6-N) (on 02/12/2026)

bill text


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bill summary

Document Type Source Location
State Bill Page https://lis.virginia.gov/bill-details/20261/SB627
Fiscal Note/Analysis - Fiscal Impact Statement from State Corporation Commission (SB627) https://lis.blob.core.windows.net/files/1105426.PDF
BillText https://lis.virginia.gov/bill-details/20261/SB627/text/SB627
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