HB1062
Electric utilities; pilot program for electric energy conservation, solar energy generation.
Status:
Passed
Latest Action:
March 12, 2026
House: Fiscal Impact Statement from State Corporation Commission (HB1062)
Chief Patron:
Phil Hernandez (D)
Session:
2026 Regular Session
Summary
As Passed House of Origin. Electric utilities; pilot program for electric energy conservation, generation, and storage.
Requires American Electric Power and Dominion Energy Virginia to each petition the State Corporation Commission by December 1, 2026, to conduct a pilot program for electric energy conservation, solar energy generation, and energy storage resources for low-income, elderly, and disabled individuals. The bill directs the Commission to convene a technical ... (More) conference to evaluate the creation of an energy efficiency program meeting certain requirements by November 1, 2026. Under the bill, if the Commission determines that such a program is feasible for implementation by American Electric Power and Dominion Energy Virginia, the Commission shall require such utilities to petition for approval by May 1, 2027, to implement such programs. The bill has an expiration date of July 1, 2034.(Less)
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Bill History
- 01/14/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26105345D
- 01/14/2026 - House: Referred to Committee on Labor and Commerce
- 01/27/2026 - House: Assigned HCL sub: Subcommittee #3
- 01/30/2026 - House: Placed on Labor and Commerce Agenda
- 02/03/2026 - House: Fiscal Impact Statement from State Corporation Commission (HB1062)
- 02/03/2026 - House: House subcommittee offered
- 02/03/2026 - House: Subcommittee recommends reporting with substitute (9-Y 0-N)
- 02/04/2026 - House: Placed on Labor and Commerce Agenda
- 02/05/2026 - House: Reported from Labor and Commerce with substitute (22-Y 0-N)
- 02/06/2026 - House: Committee substitute printed 26106996D-H1
- 02/09/2026 - House: Read first time
- 02/10/2026 - House: Moved from Uncontested Calendar to Regular Calendar
- 02/10/2026 - House: Read second time
- 02/10/2026 - House: committee substitute agreed to
- 02/10/2026 - House: Engrossed by House - committee substitute
- 02/11/2026 - House: Read third time and passed House (76-Y 22-N 0-A)
- 02/12/2026 - Senate: Constitutional reading dispensed (on 1st reading)
- 02/12/2026 - Senate: Referred to Committee on Commerce and Labor
- 02/17/2026 - House: Fiscal Impact Statement from State Corporation Commission (HB1062)
- 02/23/2026 - Senate: Reported from Commerce and Labor with substitute (9-Y 6-N)
- 02/23/2026 - Senate: Senate committee offered
- 02/24/2026 - Senate: Committee substitute printed 26108402D-S1
- 02/25/2026 - Senate: Rules suspended
- 02/25/2026 - Senate: Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
- 02/25/2026 - Senate: Passed by for the day Block Vote (Voice Vote)
- 02/26/2026 - Senate: Read third time
- 02/26/2026 - Senate: Commerce and Labor Substitute agreed to
- 02/26/2026 - Senate: Engrossed by Senate - committee substitute
- 02/26/2026 - Senate: Passed Senate with substitute (21-Y 19-N 0-A) Close Floor Vote
- 03/02/2026 - House: Senate substitute agreed to by House (68-Y 31-N 0-A)
- 03/09/2026 - House: Enrolled
- 03/09/2026 - House: Bill text as passed House and Senate (HB1062ER)
- 03/09/2026 - House: Fiscal Impact Statement from State Corporation Commission (HB1062)
- 03/09/2026 - House: Signed by Speaker
- 03/09/2026 - Senate: Signed by President
- 03/10/2026 - House: Enrolled Bill communicated to Governor on March 10, 2026
- 03/10/2026 - Governor's Action Deadline 11:59 p.m., April 13, 2026
- 03/12/2026 - House: Fiscal Impact Statement from State Corporation Commission (HB1062)
