Electric utilities; shared solar programs, Phase I Utility.

Added a provision allowing utilities to recover the cost difference between subscriber bill credits and the energy injected into the grid as purchased power costs.

Corrected a typo in Subdivision B 6 changing 'pursuant Pursuant' to 'pursuant to' and fixed a repetitive phrasing error in Subdivision B 7.

Updated formatting throughout the document to include section headers (e.g., 'ENROLLED VIRGINIA ACTS') and standardized spacing in legal citations.

The shared solar program capacity approval was changed from a single limit to a phased approach, releasing 50 megawatts in 2026, another 50 megawatts in 2028, and requiring a future proceeding by 2029 to determine additional capacity.

A new requirement was added for the State Corporation Commission to conduct a specific expansion proceeding to evaluate costs, benefits, and environmental impacts before approving future program growth.

The deadline for the State Corporation Commission to update regulations was clarified to exclude one specific new provision, which will instead take effect on July 1, 2027.

A new provision allows utilities to recover the difference between bill credits given to subscribers and the actual cost of energy injected into the grid as a cost of purchased power.

The document layout was changed to include page numbers, line numbers, and a 'House Substitute' header, while the actual legal text and policy provisions were preserved without substantive alteration.