SB818
Electric utilities; licensed retail suppliers; renewable portfolio standard requirements.
Status:
In Senate
Latest Action:
Jan. 23, 2026
Senate: Referred to Committee on Commerce and Labor
Chief Patron:
Dave Suetterlein (R)
Session:
2026 Regular Session
Summary
As Introduced. Electric utilities; licensed retail suppliers; renewable portfolio standard requirements.
Permits an individual retail customer of electric energy from Appalachian Power or Dominion Energy Virginia whose nonincident peak demand exceeded five megawatts during 2024 or any year thereafter to purchase electric energy from a licensed supplier within the Commonwealth. Currently, such a customer may only purchase electric energy from a ... (More) licensed supplier if the customer's peak demand did not exceed one percent of the incumbent electric utility's peak load during the most recent calendar year unless the customer had a noncoincident peak demand of more than 90 megawatts. The bill requires a licensed supplier providing electric energy to such a customer to meet the annual renewable portfolio standard program requirements on an aggregate basis for all electric energy sold within the incumbent electric utility's service territory during a compliance year. (Less)-
Bill History
- 01/23/2026 - Senate: Presented and ordered printed 26105330D
- 01/23/2026 - Senate: Referred to Committee on Commerce and Labor
