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SB 40

Virginia Senate bill in Session 2026.

Status: failed. Latest action: February 12, 2026.

Electric utilities; renewable energy portfolio standard program, deficiency payments.

Bill ID VA-2026-SB-40
Session 2026
Status failed
Committee Commerce and Labor
Senate failed 2026-02-12
Energy Infrastructure / Utilities
Summary

Electric utilities; renewable energy portfolio standard program; deficiency payments. Removes provisions requiring deficiency payments by certain electric utilities if such utilities are unable to meet the compliance obligation of the renewable energy portfolio standard (RPS) program requirements or if the cost of renewable energy certificates necessary to comply with RPS program requirements exceeds $45 per megawatt hour.

Sponsor
Stanley
Official Source Back to Bills
Actions Timeline
Date Event Detail
0000-00-00 Status failed
2025-11-20 Introduced Bill introduced
2026-02-12 Latest Action S Passed by indefinitely in Commerce and Labor (9-Y 6-N)
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