States / Virginia / HB 615

HB 615 In Committee

Electric utilities; renewable portfolio standard program, deficiency payments.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Electric utilities; renewable portfolio standard program; deficiency payments. Changes from $45 to $0.01 the amount of deficiency payment required by certain electric utilities that are unable to meet the compliance obligations of the renewable energy portfolio standard program requirements and removes provisions requiring a payment of $75 per megawatt-hour of shortfall in procuring renewable energy certificates for solar, wind, or anaerobic digesters.

Chamber
House
Introduced
Jan 13, 2026
Last action
Feb 18, 2026 — Left in Labor and Commerce
Session
2026
Momentum
28 · Low