States / Virginia / HB 242

HB 242 Enacted

Public utilities; budget plan payment increases.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Public utilities; budget plan payment increases. Prohibits a public utility from, for any residential customer who is enrolled in a budget plan, increasing the amount of such customer's monthly payment more than once within any 12-month period or without notifying the customer in writing at least 60 days before such increase takes effect. The bill defines "budget plan" as a fixed billing option offered by a public utility to a customer whereby the total service for the succeeding 12-month period is estimated in advance and bills are rendered monthly on the basis of one-twelfth of the 12-month estimate.

The provisions of the bill do not apply to any public utility engaged in the business of furnishing water or sewerage facilities.

Chamber
House
Introduced
Jan 8, 2026
Last action
Apr 8, 2026 — Acts of Assembly Chapter text (CHAP0373)
Session
2026
Momentum
100 · Very high