HB 562 VA

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Became Law

Electric utilities; virtual power plant program; electric cooperatives. Authorizes electric cooperatives to establish and implement a virtual power plant program. The bill defines a virtual power plant as an aggregation of distributed energy resources, enrolled either directly with an electric cooperative or indirectly through an aggregator, that are operated in coordination to provide one or more grid services. Under the bill, an electric cooperative may offer incentives to residential customers to purchase battery storage devices and is required to evaluate various methods to optimize demand. This bill is identical to SB 487.

• David A. Reid Democratic · primary

1. Jan 13, 2026 Prefiled and ordered printed; Offered 01-14-2026 26105224D · lower
2. Jan 13, 2026 Referred to Committee on Labor and Commerce · lower
3. Jan 19, 2026 Fiscal Impact Statement from State Corporation Commission (HB562) · lower
4. Jan 20, 2026 Assigned HCL sub: Subcommittee #3 · lower
5. Jan 22, 2026 Subcommittee recommends reporting (9-Y 0-N) · lower
6. Jan 27, 2026 Reported from Labor and Commerce (22-Y 0-N) · lower
7. Jan 29, 2026 Read first time · lower
8. Jan 30, 2026 Read second time and engrossed · lower
9. Feb 2, 2026 Read third time and passed House (99-Y 0-N 0-A) · lower
10. Feb 3, 2026 Constitutional reading dispensed (on 1st reading) · upper
11. Feb 3, 2026 Referred to Committee on Commerce and Labor · upper
12. Feb 23, 2026 Reported from Commerce and Labor (14-Y 0-N) · upper
13. Feb 25, 2026 Rules suspended · upper
14. Feb 25, 2026 Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A) · upper
15. Feb 25, 2026 Passed by for the day Block Vote (Voice Vote) · upper
16. Feb 26, 2026 Floor substitute printed 26108702D-S1 (McPike) · upper
17. Feb 26, 2026 Read third time · upper
18. Feb 26, 2026 Floor offered Senator McPike Substitute · upper
19. Feb 26, 2026 Reading of substitute waived · upper
20. Feb 26, 2026 Senator McPike Substitute agreed to · upper
21. Feb 26, 2026 Engrossed by Senate - floor substitute · upper
22. Feb 26, 2026 Passed Senate with substitute (39-Y 1-N 0-A) · upper
23. Mar 2, 2026 Senate substitute agreed to by House (98-Y 1-N 0-A) · lower
24. Mar 6, 2026 Enrolled · lower
25. Mar 6, 2026 Bill text as passed House and Senate (HB562ER) · lower
26. Mar 6, 2026 Signed by Speaker · lower
27. Mar 6, 2026 Signed by President · upper
28. Mar 10, 2026 Enrolled Bill communicated to Governor on March 10, 2026 · lower
29. Mar 10, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
30. Mar 12, 2026 Fiscal Impact Statement from State Corporation Commission (HB562) · lower
31. Mar 31, 2026 Approved by Governor-Chapter 44 (effective 7/1/2026) · executive
32. Mar 31, 2026 Acts of Assembly Chapter text (CHAP0044) · executive

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.

• Chaptered · PDF
• Chaptered · HTML
• Enrolled · PDF
• Enrolled · HTML
• Senator McPike Substitute · PDF
• Senator McPike Substitute · HTML
• Introduced · PDF
• Introduced · HTML