Bill
Bill > SB627
summary
Introduced
01/14/2026
01/14/2026
In Committee
01/14/2026
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)
Official Document
bill text
bill summary
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bill summary
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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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