CHAPTER 645
An Act to amend and reenact §§ 56-585.5 and 56-594.02 of the Code of Virginia, relating to electric utilities; renewable energy portfolio standard program requirements; power purchase agreements.
[H 628]
Approved April 13, 2026
Be it enacted by the General Assembly of Virginia:
1. That §§ 56-585.5 and 56-594.02 of the Code of Virginia are amended and reenacted as follows:
§ 56-585.5 . Generation of electricity from renewable and zero-carbon sources.
A. As used in this section:
"Accelerated renewable energy buyer" means a commercial or industrial customer of a Phase I or Phase II Utility, irrespective of generation supplier, with an aggregate load over 25 megawatts in the prior calendar year, that enters into arrangements pursuant to subsection G, as certified by the Commission.
"Aggregate load" means the combined electrical load associated with selected accounts of an accelerated renewable energy buyer with the same legal entity name as, or in the names of affiliated entities that control, are controlled by, or are under common control of, such legal entity or are the names of affiliated entities under a common parent.
"Control" has the same meaning as provided in § 56-585.1:11 .