Investor-owned electric utilities; requirements in fuel factor proceedings conducted with SCC.
Summary
Investor-owned electric utilities; fuel factor proceedings; requirements. Requires that in any fuel factor proceeding conducted with the State Corporation Commission under current law, each investor-owned electric utility shall provide specific information regarding coal-fueled or oil-fueled electric generating units and requires the Commission to make determinations about reasonableness and prudence for the purposes of cost recovery based on such specific information.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2026
Committee Review
Mar 2026
House of Delegates Passage
Mar 2026
Senate Passage
Mar 2026
Signed into Law
Apr 2026
Introduced Jan 19, 2026
Signed Apr 6, 2026
Maddy AI version diff · 3 comparisons
What changed between versions
Enrolled
→
Chaptered
·
4 edits
MODERATE
This bill establishes new reporting requirements for investor-owned electric utilities in Virginia regarding their coal and oil-fired power plants. Utilities must now disclose specific data about when they designate these plants as 'must-run' units, the costs involved, the reasons for the designation, and market pricing. The State Corporation Commission will use this information to determine if these operational decisions were reasonable and will deny cost recovery for any deemed imprudent.
Scope change
The bill applies specifically to investor-owned electric utilities conducting fuel factor proceedings with the State Corporation Commission.
REQUIREMENT
Utilities must submit initial applications containing four specific data points: hours of must-run commitment, marginal operating costs, reasons for commitment, and regional energy market clearing prices.
ENFORCEMENT
The State Corporation Commission is authorized to review the reasonableness and prudence of must-run commitments and deny recovery of costs associated with unreasonable decisions.
TIMELINE
Removed the placeholder session date and replaced it with a specific approval date of April 6, 2026.
TECHNICAL
Removed the placeholder chapter number and replaced it with Chapter 310.
Floor votes · Senate Mar 4, 2026 · House of Delegates Feb 16, 2026
How they voted
38–0
Passed · 1 other
Total votes 39
Mar 4, 2026
D
Democratic20
100% Yea
R
Republican19
94% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
31
Key actions
10
Committee
6
Apr 6, 2026
Signed into law
Approved by Governor-Chapter 310 (effective 7/1/2026)
executive
Mar 12, 2026
Upper · Passed
Signed by President
upper
Mar 12, 2026
Lower · Passed
Signed by Speaker
lower
Mar 12, 2026
Lower · Passed
Bill text as passed House and Senate (HB1360ER)
lower
Mar 5, 2026
Upper · Passed
Passed Senate (39-Y 0-N 0-A)
upper
Mar 4, 2026
Upper · Passed
Passed by for the day (Voice Vote)
upper
Mar 2, 2026
Upper · Passed
Reported from Commerce and Labor (14-Y 0-N)
upper
Feb 17, 2026
Committee
Referred to Committee on Commerce and Labor
upper
Feb 16, 2026
Lower · Passed
Read third time and passed House (97-Y 0-N 0-A)
lower
Feb 10, 2026
Lower · Passed
Reported from Labor and Commerce with substitute (21-Y 1-N)
lower
Feb 5, 2026
Lower · Passed
House subcommittee offered
lower
Jan 27, 2026
Committee
Assigned HCL sub: Subcommittee #3
lower
Jan 19, 2026
Committee
Referred to Committee on Labor and Commerce
lower
Jan 19, 2026
Introduced
Presented and ordered printed 26104844D
lower
1 primary · 1 co-sponsor
Sponsors
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