SB252
Renewable energy portfolio standard program; geothermal heating and cooling systems, report.
Status:
In House
Latest Action:
Feb. 16, 2026
Senate: Fiscal Impact Statement from State Corporation Commission (SB252)
Chief Patron:
Scott Surovell (D)
Session:
2026 Regular Session
Summary
As Passed House of Origin. Renewable energy portfolio standard program; geothermal heating and cooling systems; report.
For purposes of the renewable energy portfolio standard program, requires Dominion Energy Virginia and American Electric Power to annually procure and retire certain percentages of renewable energy certificates from geothermal heating and cooling systems, as defined in the bill. The bill directs the State Corporation Commission to prepare and deliver ... (More) a report evaluating the procurement and retirement of renewable energy certificates from geothermal heating and cooling systems in the Commonwealth on or before November 1, 2028. The bill also directs the Real Estate Appraiser Board to promulgate regulations requiring the development of a continuing education curriculum and required training for all licensees that includes how to properly determine the increase in value of real estate created by reductions in building energy costs associated with solar, geothermal, and solar water heating investments. As introduced, this bill was a recommendation of the Commission on Electric Utility Regulation. (Less)-
Bill History
- 01/12/2026 - Senate: Prefiled and ordered printed; Offered 01-14-2026 26104602D
- 01/12/2026 - Senate: Referred to Committee on Commerce and Labor
- 02/01/2026 - Senate: Fiscal Impact Statement from State Corporation Commission (SB252)
- 02/09/2026 - Senate: Senate committee amendments offered
- 02/09/2026 - Senate: Reported from Commerce and Labor with amendments (9-Y 5-N)
- 02/11/2026 - Senate: Rules suspended
- 02/11/2026 - Senate: Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
- 02/11/2026 - Senate: Passed by for the day Block Vote (Voice Vote)
- 02/12/2026 - Senate: Read second time
- 02/12/2026 - Senate: Commerce and Labor Amendments agreed to
- 02/12/2026 - Senate: Engrossed by Senate as amended (Voice Vote)
- 02/13/2026 - Senate: Read third time and passed Senate (25-Y 14-N 0-A) Close Floor Vote
- 02/16/2026 - Senate: Fiscal Impact Statement from State Corporation Commission (SB252)
