States / Virginia / SB 505

SB 505 Enacted

Electric utilities, certain; purchased power cost risk mitigation practices.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

State Corporation Commission; electric utilities; fuel and purchased power cost risk mitigation practices. Directs the State Corporation Commission, in certain cost recovery proceedings and other annual filings as determined by the Commission, to examine the efficacy and sufficiency of fuel and purchased power cost risk mitigation practices by Dominion Energy and Appalachian Power. Under the bill, the Commission is required to include legislative recommendations related to effectively regulating fuel and purchased power cost risk in an existing report. This bill is identical to HB 1256.

Chamber
Senate
Introduced
Jan 13, 2026
Last action
Mar 31, 2026 — Acts of Assembly Chapter text (CHAP0030)
Session
2026
Momentum
84 · Very high