SB 470 VA

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Introduced

Electric utilities; renewable portfolio standard program; zero-carbon electricity; accelerated renewable energy buyers. Classifies zero-carbon electricity generating facilities that are not otherwise renewable portfolio standard (RPS) program eligible sources and that are placed into service in the Commonwealth after July 1, 2030, as RPS eligible sources. The bill permits an accelerated renewable energy buyer to contract to obtain bundled capacity, energy, and renewable energy certificates from solar, wind, or zero-carbon electricity generation located within the PJM region and placed in commercial operation on or before January 1, 2015, if investments to increase the maximum thermal power output of such facility occurred after January 1, 2015, or if a financial agreement for procurement of energy and capacity was entered into with such facility after January 1, 2015, to prevent the early retirement or decommissioning of such facility due to financial constraints.

• David W. Marsden Democratic · primary

1. Jan 13, 2026 Prefiled and ordered printed; Offered 01-14-2026 26101544D · upper
2. Jan 13, 2026 Referred to Committee on Commerce and Labor · upper
3. Jan 26, 2026 Fiscal Impact Statement from State Corporation Commission (SB470) · upper
4. Feb 12, 2026 Incorporated by Commerce and Labor (SB598-Deeds) (15-Y 0-N) · upper

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Introduced · PDF
• Introduced · HTML