HB 565 VA Introduced
Electric utilities; renewable portfolio standard program, zero-carbon electricity, etc.
A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →
Summary
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.
Sponsor (1)
- David A. Reid Democratic · primary
Action history (6)
- Jan 13, 2026 Prefiled and ordered printed; Offered 01-14-2026 26102713D · lower
- Jan 13, 2026 Referred to Committee on Labor and Commerce · lower
- Jan 19, 2026 Fiscal Impact Statement from State Corporation Commission (HB565) · lower
- Jan 20, 2026 Assigned HCL sub: Subcommittee #3 · lower
- Jan 22, 2026 Subcommittee recommends striking from the docket (7-Y 0-N) · lower
- Feb 18, 2026 Left in Labor and Commerce · lower
Text versions (2)
Full text
The full text hasn’t been imported yet. CivicGate fetches it from the state legislature’s published version documents — check now.
Comments
Data from OpenStates. View on OpenStates →
Comments