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SB621

Electric utilities; electric grid utilization metrics; State Corporation Commission.

Status:
Passed

Latest Action: March 12, 2026
Senate: Fiscal Impact Statement from State Corporation Commission (SB621)

Chief Patron:
Kannan Srinivasan (D)

Session:
2026 Regular Session

Summary

As Passed House of Origin. Phase I and Phase II Utilities; electric grid utilization metrics.

Requires Dominion Energy and Appalachian Power to petition the State Corporation Commission for approval of grid utilization metrics by October 15, 2026, which petition may be consolidated with the integrated resource plan filing for Dominion Energy in 2026. Under the bill, the petition shall include certain assessments comparing current electric grid system performance with optimal utilization of existing electric grid assets. The bill also requires the Commission to include in an existing annual report its findings on each applicable utility's assessment of relevant grid utilization metrics, which shall include an analysis of the potential for each applicable utility to increase electric grid utilization through the deployment of non-wires alternatives. (Less)
  • Bill History

  • 01/14/2026 - Senate: Prefiled and ordered printed; Offered 01-14-2026 26103265D
  • 01/14/2026 - Senate: Referred to Committee on Commerce and Labor
  • 01/27/2026 - Senate: Fiscal Impact Statement from State Corporation Commission (SB621)
  • 02/12/2026 - Senate: Senate committee offered
  • 02/12/2026 - Senate: Reported from Commerce and Labor with substitute (8-Y 6-N 1-A)
  • 02/13/2026 - Senate: Committee substitute printed 26107598D-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: Engrossed by Senate - committee substitute (Voice Vote)
  • 02/17/2026 - Senate: Read third time and passed Senate (21-Y 19-N 0-A)   Close Floor Vote
  • 02/24/2026 - House: Placed on Calendar
  • 02/24/2026 - House: Read first time
  • 02/24/2026 - House: Referred to Committee on Labor and Commerce
  • 02/25/2026 - House: Placed on Labor and Commerce Agenda
  • 02/26/2026 - House: Reported from Labor and Commerce (15-Y 6-N)
  • 02/26/2026 - Senate: Fiscal Impact Statement from State Corporation Commission (SB621)
  • 03/02/2026 - House: Read second time
  • 03/03/2026 - House: Read third time
  • 03/03/2026 - House: Passed House (92-Y 6-N 0-A)
  • 03/09/2026 - Senate: Enrolled
  • 03/09/2026 - Senate: Bill text as passed Senate and House (SB621ER)
  • 03/09/2026 - House: Signed by Speaker
  • 03/09/2026 - Senate: Signed by President
  • 03/10/2026 - Senate: 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 - Senate: Fiscal Impact Statement from State Corporation Commission (SB621)