HB 615 VA Introduced
Electric utilities; renewable portfolio standard program, deficiency payments.
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Summary
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.
Sponsor (1)
- Joseph P. McNamara Republican · primary
Action history (4)
- Jan 13, 2026 Prefiled and ordered printed; Offered 01-14-2026 26101874D · lower
- Jan 13, 2026 Referred to Committee on Labor and Commerce · lower
- Jan 27, 2026 Fiscal Impact Statement from State Corporation Commission (HB615) · lower
- Feb 18, 2026 Left in Labor and Commerce · lower
Text versions (2)
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