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SB598

Electric utilities; renewable energy portfolio standard, definition of zero-carbon electricity, etc

Status:
In House

Latest Action: Feb. 17, 2026
Senate: Read third time and passed Senate (40-Y 0-N 0-A)

Chief Patron:
Creigh Deeds (D)

Session:
2026 Regular Session

Summary

As Passed House of Origin. Electric utilities; renewable energy portfolio standard; zero-carbon electricity; accelerated clean energy buyers.

Revises the conditions under which accelerated clean energy buyers, defined in existing law as accelerated renewable energy buyers, may contract with Appalachian Power or Dominion Energy Virginia to obtain renewable energy certificates (RECs). The bill exempts an accelerated clean energy buyer obtaining capacity, energy, or RECs from qualifying resources or facilities from the assignment of non-bypassable costs associated with compliance with the renewable portfolio standard program based on the amount and type of renewable energy certificates obtained in proportion to such accelerated clean energy buyer's total electric energy consumption. This bill incorporates SB 470. (Less)
  • Bill History

  • 01/14/2026 - Senate: Prefiled and ordered printed; Offered 01-14-2026 26102381D
  • 01/14/2026 - Senate: Referred to Committee on Commerce and Labor
  • 02/03/2026 - Senate: Fiscal Impact Statement from State Corporation Commission (SB598)
  • 02/12/2026 - Senate: Incorporates SB470 (Marsden)
  • 02/12/2026 - Senate: Senate committee offered
  • 02/12/2026 - Senate: Reported from Commerce and Labor with substitute (14-Y 0-N 1-A)
  • 02/13/2026 - Senate: Committee substitute printed 26107536D-S1
  • 02/13/2026 - Senate: Rules suspended
  • 02/13/2026 - Senate: Constitutional reading dispensed (on 1st reading) (35-Y 0-N 0-A)
  • 02/13/2026 - Senate: Passed by for the day
  • 02/16/2026 - Senate: Read second time
  • 02/16/2026 - Senate: Committee substitute agreed to (Voice Vote)
  • 02/16/2026 - Senate: Senator McDougle Amendment rejected (19-Y 20-N 0-A)   Close Floor Vote
  • 02/16/2026 - Senate: Engrossed by Senate - committee substitute (Voice Vote)
  • 02/17/2026 - Senate: Read third time and passed Senate (40-Y 0-N 0-A)