Bill Commons

VA SB 40

in committee

Electric utilities; renewable energy portfolio standard program, deficiency payments.

Virginia · 2026 Regular Session · upper

Description

Electric utilities; renewable energy portfolio standard program; deficiency payments. Removes provisions requiring deficiency payments by certain electric utilities if such utilities are unable to meet the compliance obligation of the renewable energy portfolio standard (RPS) program requirements or if the cost of renewable energy certificates necessary to comply with RPS program requirements exceeds $45 per megawatt hour.

Introduced
2025-11-20
Status date
—
Latest action
2026-02-12 — Passed by indefinitely in Commerce and Labor (9-Y 6-N)
Bill type
bill
Last updated
—

Sponsors

  • William M. Stanley, Jr.primary
  • Bill DeStephcosponsor

Committees

Not provided by source.

Action timeline

  1. 2025-11-20

    Prefiled and ordered printed; Offered 01-14-2026 26100063D

    filing,introduction

  2. 2025-11-20

    Referred to Committee on Commerce and Labor

    referral-committee

  3. 2026-02-01

    Fiscal Impact Statement from State Corporation Commission (SB40)

  4. 2026-02-12

    Senate committee offered

  5. 2026-02-12

    Senate committee offered

  6. 2026-02-12

    Passed by indefinitely in Commerce and Labor (9-Y 6-N)

    deferral

Versions

Documents

Votes

  • Passed by indefinitely in Commerce and Labor

    2026-02-12 · pass · 9-6

    Member-level votes (15)
    • R. Creigh Deeds: yes
    • Mark D. Obenshain: no
    • L. Louise Lucas: yes
    • David W. Marsden: yes
    • Adam P. Ebbin: yes
    • Scott A. Surovell: yes
    • William M. Stanley, Jr.: no
    • Ryan T. McDougle: no
    • Mamie E. Locke: yes
    • Bryce E. Reeves: no
    • Bill DeSteph: no
    • Jeremy S. McPike: yes
    • Mark J. Peake: no
    • Aaron R. Rouse: yes
    • Lamont Bagby: yes

Related bills

No related bills recorded for this bill.

Official source

https://lis.virginia.gov/bill-details/20261/SB40

Attribution

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

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