VA SB 691
Status unknownState Corporation Commission; Phase I Utility biennial rate review, reports.
Virginia · 2026 Regular Session · upper
Quick answers
Did VA SB 691 pass?
The current status of VA SB 691 is not known from the official record. Latest recorded action (2026-02-12): Passed by indefinitely in Commerce and Labor (13-Y 2-N)
What is VA SB 691 about?
State Corporation Commission; Phase I Utility; biennial rate review; reports. Directs the State Corporation Commission to adhere to certain requirements and consider certain enumerated factors in its 2026 review of the rates, terms, and conditions for the provision of generation and distribution services by Appalachian Power. The bill prohibits the Commission from approving a rate of return on common equity that is greater than the rate of return approved by the Commission as part of Appalachian Power's preceding biennial rate review unless Appalachian Power demonstrates that such increase is the approach to maintaining reasonable access to capital that results in the lowest cost to customers. The bill directs the Commission to conduct reviews of Appalachian Power's terms of service and rates for electric transmission and efforts to address rising costs of severe weather events. The bill also directs the Office of the Attorney General to conduct a study of the methods used to determine the cost of equity capital for investor-owned utilities.
Who sponsors VA SB 691?
David R. Suetterlein is the primary sponsor of VA SB 691, joined by 3 cosponsors.
Description
State Corporation Commission; Phase I Utility; biennial rate review; reports. Directs the State Corporation Commission to adhere to certain requirements and consider certain enumerated factors in its 2026 review of the rates, terms, and conditions for the provision of generation and distribution services by Appalachian Power. The bill prohibits the Commission from approving a rate of return on common equity that is greater than the rate of return approved by the Commission as part of Appalachian Power's preceding biennial rate review unless Appalachian Power demonstrates that such increase is the approach to maintaining reasonable access to capital that results in the lowest cost to customers. The bill directs the Commission to conduct reviews of Appalachian Power's terms of service and rates for electric transmission and efforts to address rising costs of severe weather events. The bill also directs the Office of the Attorney General to conduct a study of the methods used to determine the cost of equity capital for investor-owned utilities.
- Introduced
- 2026-01-14
- Latest action
- 2026-02-12 — Passed by indefinitely in Commerce and Labor (13-Y 2-N)
- Bill type
- bill
- Last updated
- —
Sponsors
- David R. Suetterleinprimary
- Joseph P. McNamaracosponsor
- Mitchell Cornettcosponsor
- Todd E. Pillioncosponsor
Committees
Not provided by source.
Action timeline
2026-01-14
Prefiled and ordered printed; Offered 01-14-2026 26105322D
filing,introduction
2026-01-14
Referred to Committee on Commerce and Labor
referral-committee
2026-01-29
Fiscal Impact Statement from State Corporation Commission (SB691)
2026-02-12
Senate committee offered
2026-02-12
Passed by indefinitely in Commerce and Labor (13-Y 2-N)
deferral
Versions
Documents
Votes
Passed by indefinitely in Commerce and Labor
2026-02-12 · pass · 13-2
Member-level votes (15)
- R. Creigh Deeds: no
- Mark D. Obenshain: yes
- L. Louise Lucas: yes
- David W. Marsden: yes
- Adam P. Ebbin: yes
- Scott A. Surovell: yes
- William M. Stanley, Jr.: yes
- Ryan T. McDougle: yes
- Mamie E. Locke: yes
- Bryce E. Reeves: yes
- Bill DeSteph: yes
- 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
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:35:59.552682Z
Inspect retained evidence for changes recorded after evidence tracking began:
Use this data
Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=VA&identifier=SB 691. See the API docs or the MCP server for AI assistants.
Known limitations
- Sponsor party and chamber affiliation are not yet captured by this API.
- Committee referrals are not yet captured.
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