VA HB 1275
Status unknownElectric utilities; recovery of certain project development costs.
Virginia · 2026 Regular Session · lower
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Quick answers
Did VA HB 1275 pass?
The current status of VA HB 1275 is not known from the official record. Latest recorded action (2026-02-18): Left in Labor and Commerce
What is VA HB 1275 about?
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.
Who sponsors VA HB 1275?
Eric Phillips is the primary sponsor of VA HB 1275.
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
- 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
Newest first
2026-02-18
Left in Labor and Commerce
2026-02-04
Fiscal Impact Statement from State Corporation Commission (HB1275)
2026-01-14
Referred to Committee on Labor and Commerce
referral-committee
2026-01-14
Prefiled and ordered printed; Offered 01-14-2026 26105378D
filing,introduction
Versions
Documents
Votes
Not provided by source.
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:35:59.552682Z
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