Bill Commons

VA HB 1275

died on adjournment

Electric utilities; recovery of certain project development costs.

Virginia · 2026 Regular Session · lower

Description

Electric utilities; recovery of certain project development costs. Permits an investor-owned electric utility to petition the State Corporation Commission at any time for the approval of a rate adjustment clause for the recovery of project development costs for up to five electric generation facilities, regardless of fuel source. The bill also exempts such facilities from requirements in existing law to retire or decommission such facilities. The provisions of the bill have a contingent expiration date of one year after the effective date of any regulations promulgated by the State Air Pollution Control Board to establish carbon dioxide emissions allowances pursuant to current law.

Introduced
2026-01-14
Status date
—
Latest action
2026-02-18 — Left in Labor and Commerce
Bill type
bill
Last updated
—

Sponsors

  • Eric Phillipsprimary

Committees

Not provided by source.

Action timeline

  1. 2026-01-14

    Prefiled and ordered printed; Offered 01-14-2026 26105378D

    filing,introduction

  2. 2026-01-14

    Referred to Committee on Labor and Commerce

    referral-committee

  3. 2026-02-04

    Fiscal Impact Statement from State Corporation Commission (HB1275)

  4. 2026-02-18

    Left in Labor and Commerce

Versions

Documents

Votes

Not provided by source.

Related bills

No related bills recorded for this bill.

Official source

https://lis.virginia.gov/bill-details/20261/HB1275

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:35:59.552682Z

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