SB 902 Virginia Senate · 2025 Regular Session

Electric utilities; renewable portfolio standard program, deficiency payments.

Summary
Electric utilities; renewable 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 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.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 5, 2025 Last action Jan 13, 2025
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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Jan 5, 2025
Committee
Referred to Committee on Commerce and Labor
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Bill Stanley
Bill Stanley
RRepublican
VA
7